Ownership dynamics within founder teams: The role of external financing

Research Summary: This paper examines how founders within start-up teams dynamically readjust their relative ownership stakes. It leverages a unique dataset from British Columbia, Canada, which contains detailed information on founder ownership over time. Two trade-offs between efficiency and fairne...

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Bibliographic Details
Main Authors: Hellmann, T.F (Author), Schure, P.H (Author), Tergiman, C. (Author), Vo, D.H (Author)
Format: Article
Language:English
Published: Blackwell Publishing Ltd 2019
Subjects:
Online Access:View Fulltext in Publisher