The Persistent Effect of Initial Success: Evidence from Venture Capital

Olav Sorenson discusses performance persistence in venture capital (VC). Consistent with prior studies, Sorenson finds that each additional IPO among a VC firm’s first ten investments predicts as much as an 8% higher IPO rate on its subsequent investments. Image courtesy of Olav Sorenson.

Image courtesy of interviewee. April 28, 2021

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