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Working Paper

Venture Capital and Underpricing: Capacity Constraints and Early Sales

This paper has been removed at the request of the publisher. The paper has been published in the Annals of Finance (2018) and is available at https://doi.org/10.1007/s10436-017-0311-2.

Working Papers of the Federal Reserve Bank of Cleveland are preliminary materials circulated to stimulate discussion and critical comment on research in progress. They may not have been subject to the formal editorial review accorded official Federal Reserve Bank of Cleveland publications. The views expressed in this paper are those of the authors and do not represent the views of the Federal Reserve Bank of Cleveland or the Federal Reserve System.


Suggested Citation

Pinheiro, Roberto B. 2016. “Venture Capital and Underpricing: Capacity Constraints and Early Sales.” Federal Reserve Bank of Cleveland, Working Paper No. 16-24. https://doi.org/10.26509/frbc-wp-201624