Informed Investors and the Financing of Entrepreneurial Projects

Preprint

1 January 2001

preprint
Published by Elsevier in SSRN Electronic Journal

https://doi.org/10.2139/ssrn.263162

Abstract

We consider a model of the financing of a small-business venture in which it is presumed that outside investors have greater expertise in project evaluation tha

Keywords

INFORMED INVESTORS
OPTIMAL CONTRACTS
VENTURE CAPITAL

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