Squaring Venture Capital Valuations with Reality
	            
					Author: Gornall, Will, Strebulaev, Ilya A.  on Feb 27, 2018
				
				Historically, most successful venture capital-backed companies went public within three to eight years of their initial venture capital (VC) funding.
 More recently, many successful VC-backed companies have opted to remain private for substantial periods and have grown to enormous size without a public offering. Companies such as Uber, Airbnb, and…
				
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