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Explaining Venture Capital Firms’ Syndication Behavior: A Longitudinal Study

January 01, 2004
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Using a unique methodological approach, the authors examine factors related to venture capital firms involvement in syndication. Overall, they find support for both knowledge-based and financial arguments for why VCFs engage in syndication.

http://www.vlerick.be/research/workingpapers/vlgms-wp-2004-18.pdf