Research

Publications (Google Scholar)

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]

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

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

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

Insider Financing and Venture Capital Returns (with Matthew Rhodes-Kropf and Ilya Strebulaev [October 2016] [pdf] (Revise & Resubmit, Review of Financial Studies)


Measuring Intangible Capital with Market Prices (with Ryan Peters and Sean Wang) [May 2019][NBER WP]

Board Dynamics over the Startup Lifecycle (with Nadya Malenko) [February 2020]