![Funded Research Proposal](https://mackinstitute.wharton.upenn.edu/wp-content/uploads/2016/06/Funded-Research-Proposal-150x100.png)
This project aims to investigate the impact of monitoring on VC reinvestment performance. Using novel data sources, I construct a proxy for monitoring and test the causal relationship between monitoring and investment outcomes. To address the endogeneity issue regarding monitoring, I use the traveling population as an instrumental variable for VC’s monitoring intensity.…Read More