Gompers (1996) argued that smaller, younger VCs often bring their firms public earlier in order to establish a reputation and therefore attract additional capital in the future.He refers to such self-serving behavior on the part of a VC as
A)grandstanding.
B)boasting.
C)reputation building.
D)repugnant.

Question

Quizplus · Accepted Answer

Gompers (1996) uses the term "grandstanding" to describe the behavior of smaller, younger venture capitalists (VCs) who bring their firms public earlier than might be optimal in an effort to build their reputation and attract more capital in the future.

Gompers (1996) Argued That Smaller, Younger VCs Often Bring Their