The Rise of the Secondary Market for Emerging Growth Equities– Necessary But Insufficient
Pascal's View
MAY 13, 2011
Amount of venture capital raised has exploded. 2002: Sarbanes-Oxley creates more friction for companies that want to go public, but likely much less of a factor than people think, by imposing accounting and compliance costs for small companies that easily exceed $2 million per year. ii. Bubble period 1996-2000 totals $243.6
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