@inproceedings{3a1eb144c2004daca30836cb12de2cb6,
title = "Exit timing and pricing in venture capital: Real options",
abstract = "The paper examines the timing and pricing of Initial Public Offers and Trade-sales in venture capital. Based on the real options theory and the contingent claims analysis, our model derives the optimal deferring time and calculates the threshold of cash flows. Finally, numerical results show how the parameters interact to determine the exit timing and pricing.",
keywords = "Exit timing, Real options, Venture capital",
author = "Zhang Chenyu and Qi Chun and Li Xuan",
year = "2007",
language = "English",
isbn = "9781846260018",
series = "ICMSEM: Proceedings of 2007 International Conference on Management Science and Engineering Management",
pages = "399--402",
booktitle = "ICMSEM",
note = "2007 International Conference on Management Science and Engineering Management ; Conference date: 14-07-2007 Through 21-07-2007",
}