Publications

May 2000
Article

Is the Abnormal Return Following Equity Issuances Anomalous?

By: A. Brav, C. Geczy and Paul Gompers

Keywords: Equity; Insurance

February 2000 (Revised March 2000)
Case

Pet Doctors: 1999

By: Paul A. Gompers and David James Alexander Grant

Describes the decisions confronting David Hodges and Garret Turley about whether to grow their chain of veterinary clinics in the United Kingdom. Turley and Hodges must decide whether to attempt to speed up their acquisition pace and raise venture capital. View Details

Keywords: Decisions; Venture Capital; Expansion; Acquisition; Service Industry; United Kingdom

February 2000 (Revised September 2001)
Case

edocs, Inc. (A)

By: Paul A. Gompers

Describes the development of edocs, an Internet company aimed at revolutionizing the on-line bill presentment market. Kevin Laracey must negotiate a venture capital investment with Jonathon Guerster, an associate at Charles River Ventures. Can be used as a role-playing... View Details

Keywords: Venture Capital; Investment; Growth and Development; Negotiation Deal; Internet; Information Technology Industry

February 2000 (Revised September 2001)
Case

edocs, Inc. (B-1): Kevin Laracey

By: Paul A. Gompers

Supplements the (A) case. View Details

Keywords: Information Technology Industry

February 2000 (Revised September 2001)
Case

edocs, Inc. (B-2): Jonathon Guerster

By: Paul A. Gompers

Supplements the (A) case. View Details

Keywords: Information Technology Industry

February 2000
Article

Money Chasing Deals?: The Impact of Fund Inflows on the Valuation of Private Equity Investments

By: Paul Gompers and Josh Lerner

Keywords: Money; Valuation; Finance; Investment

January 2000 (Revised March 2000)
Case

Cachet Technologies

By: Paul A. Gompers and Howard Reitz

Describes the decision facing Danny Lewin, Jonathan Seelig, and Tom Leighton, the founders of Cachet Technologies, an MIT spin-out. The firm has done poorly in the annual MIT business plan competition and the founders have to decide whether to continue. View Details

Keywords: Decision Making; Business Startups; Business Plan; Failure; Cooperative Ownership; Business Strategy; Financial Services Industry

Article

Institutional Investors and Equity Prices

By: Paul A. Gompers and A. Metrick

Keywords: Investment; Equity; Price

1999
Other Unpublished Work

Capital Formation and Investment in Venture Markets: Implications for the Advanced Technology Program

By: Paul Gompers and Josh Lerner

November 1999 (Revised July 2003)
Case

Pre-Paid Legal Services, Inc.

By: Paul M. Healy and Jacob Cohen

Pre-Paid Legal Services' business model reveals two key issues--managing the sales force and sales growth and managing claims. Students analyze the economics of the business and consider how to measure firm performance, how to evaluate and reward the sales force, and... View Details

Keywords: Financial Management; Financial Strategy; Salesforce Management; Marketing Strategy; Accrual Accounting; Business Cycles; Forecasting and Prediction; Insurance; Business Growth and Maturation; Insurance Industry