The Rise of the Secondary Market for Emerging Growth Equities– Necessary But Insufficient
Pascal's View
MAY 13, 2011
Median age of a venture backed company hits 8.7 years in 2007- the longest gestation period since 1991: What has driven these changes to the capital markets and are they permanent or temporary? 2001: Decimalization (further loss of economics to provide market support for small companies), by reducing minimum commissions from 12.5
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