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7 avril 2023
- 2304.03525
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Economics - General EconomicsSujets proches
Seed capital Risk capital Economic theory Political economy Businesses Firms Companies Enterprises Business organizations Organizations, BusinessCiter ce document
Mohib Jafri et al., « Distributed VC Firms: The Next Iteration of Venture Capital », arXiv - économie
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Résumé
Using a combination of incentive modeling and empirical meta-analyses, this paper provides a pointed critique at the incentive systems that drive venture capital firms to optimize their practices towards activities that increase General Partner utility yet are disjoint from improving the underlying asset of startup equity. We propose a "distributed venture firm" powered by software automations and governed by a set of functional teams called "Pods" that carry out specific tasks with immediate and long-term payouts given on a deal-by-deal basis. Avenues are provided for further research to validate this model and discover likely paths to implementation.