This paper examines the effect of stock market conditions on the waiting time of initial public offering (IPO) candidates, from the date firms file a registration statement with the Securities and Exchange Commission (SEC) to the effective IPO date. I find that issuers are going public faster...

This paper investigates to what extent venture capital fundraising depends on IPO market valuations. Controlling for demand-side factors and VC reputation variables, we find that the amount of money left on the table in the IPO market positively explains the probability that a fund is raised as...