Venture capital (VC) firms claim their connections are highly valuable to portfolio companies and there is evidence to suggest this is true. But, by working together, do close-knit VC communities collude to depress valuations and prevent new teams from entering the market?
This roundtable discussion was chaired by James Harris at the Coller Institute of Private Equity.
Roundtable participants:
Yael Hochberg, Kellogg School of Management
Hochberg is assistant professor of finance at the Kellogg School of Management at Northwestern University. She is a research fellow at the National Bureau of Economic Research and associate editor of the Review of Finance.
Laura Lindsey, WP Carey School of Business
Lindsey is associate professor of finance at the WP Carey School of Business at…
