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Whom You Know Matters: Venture Capital Networks and Investment Performance, Journal of Finance
Many financial markets are characterized by strong relationships and networks, rather than arm
Yael V. Hochberg, Alexander Ljungqvist, Yang Lu
Hochberg, Yael V., Alexander Ljungqvist, and Yang Lu. 2007. Whom You Know Matters: Venture Capital Networks and Investment Performance. Journal of Finance. 62(1): 251-301.
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