Buchner, Axel; Mohamed, Abdulkadir; Yoon, Hyungseok David - In: Small Business Economics 65 (2025) 4, pp. 2331-2360
We study the effect of repeated venture capital (VC) syndication on VC investment performance. We posit that repeated … syndication is positively associated with stagnant investment returns but negatively associated with high investment returns … of recession accentuate the positive (negative) relationship between repeated syndication and stagnant (high) investment …