Breuer, Wolfgang; Antonczyk, Ron C.; Brettel, Malte - RWTH <Aachen> / Lehrstuhl für … - 2007
Using a hand-collected sample of contracts and investment proposals from German venturecapital (VC) financing relationships, we find that experienced and or private law/independentVC firms rely to a lesser degree on debt financing and more on certain covenants in VC con-tracting even when we...