Post-investment performance appraisal (PIPA): the impact of venture capital investment on small firm performance

J.G.C. Reid, J.A. Smith

Research output: Chapter in Book/Report/Conference proceedingChapter


The paper presents new empirical evidence from a sample of mature small firms that experienced venture capital investment pre-1994. Summary evidence from these meetings is presented on the companies' financial position and procedures both pre- and post-investment under the categories of: basic data; risk management; information-handling; and the trading of risk and information.
Original languageEnglish
Title of host publicationFrontiers of Entrepreneurship Research
Place of PublicationMassachusetts, Untited States of America
Publication statusPublished - 2002


  • post investment performance appraisal
  • capital investment
  • small firm performance

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