VENTURE COMPANY INITIAL PUBLIC OFFERING IN RUSSIA AS A WAY OF EXIT FROM VENTURE FUND
Abstract
Venture companies patronized by venture funds unavoidably face up with the problem of exit out of the fund in order to start independent development. The exit should be made with maximum benefit both for the company and the fund. One of this behavior strategic ways is initial public offering of the venture company (IPO market). An alternative of such exit is a transaction of merging and absorption (M&A market). Main tendencies of the venture IPO market in Russia are discussed along with comparison of this market with that in the USA.
About the Author
L. S. Tchugayeva
Lomonosov Moscow State University
Russian Federation
Postgraduate, Lomonosov Moscow State University
Russian Federation
Postgraduate, Lomonosov Moscow State University
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Review
For citations:
Tchugayeva L. VENTURE COMPANY INITIAL PUBLIC OFFERING IN RUSSIA AS A WAY OF EXIT FROM VENTURE FUND. MIR (Modernization. Innovation. Research). 2012;3(3(11)):86-89. (In Russ.)
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