Research

Publications (Google Scholar)

Venture Capital Contracts (with Alex Gorbenko and Arthur Korteweg) [May 2020] [NBER WP] (Forthcoming, Journal of Financial Economics)

The Deregulation of the Private Equity Markets and the Decline in IPOs (with Joan Farre-Mensa) [Appendix] Review of Financial Studies (2020) [NBER WP] [NBER Digest article][SocArXiv pdf][Media: Economist, Bloomberg]

Are Early Stage Investors Biased Against Women? [pdf] (with Rick Townsend),  Journal of Financial Economics, 2020 [Media: Wired]

Founder Replacement and Startup Performance (with Matt Marx), Review of Financial Studies 2018 [pdf]

• code and data to incorporate non-compete changes

Cost of Experimentation and the Evolution of Venture Capital (with Ramana Nanda and Matthew Rhodes-Kropf), Journal of Financial Economics 2017 [pdf] [appendix] [NBER WP]

Managing Performance Signals Through Delay: Evidence from Venture Capital (with I. Chakraborty), Management Science 2017 [pdf]

Is the VC Partnership Greater than the Sum of its Partners? (with M. Rhodes-Kropf), Journal of Finance 2015 [pdf] [online appendix]

Statistical Discrimination or Prejudice? A Large Sample Field Experiment (with C. Wang and B. Tomlin), Review of Economics and Statistics, 2014 [pdf] [replication data]

The Price of Diversifiable Risk in Venture Capital and Private Equity (with C. Jones and M. Rhodes-Kropf), Review of Financial Studies 2013 [pdf]

Working Papers

• code to construct knowledge and organization capital stocks (plus data)
• Mapping of SDC deal numbers to "gvkeys"
• MD&A text from 10-Ks

Regulatory Costs of Being Public: Evidence from Bunching Estimation (with Kairong Xiao and Ting Xu) [December 2020][SocArXiv pdf][SSRN][Media: Blue Sky Blog]