hey always have the right to choose. Abandoning the influence (Gompers, 1995; quoted from Bottazzi and Rin, 2002), these notes are the longest cited in the book, and why the ideal contract between venture capitalists and entrepreneurs should not be a liability (Bergemann and Hege, 1998 Quoted from Bottazzi and Rin, 2002). In order to trigger the effective behavior of entrepreneurs, fluctuating securities should be placed on the basis of such relations rather than liabilities (Repulo and Suarez, 1998). In addition, “a changeable „„ contractual assignee risk capitalist has the right to obtain a pre-defined equal part, after which he decides to convert the liability into an equal part”(Lulfesmann, 2000, p. 3) when The latter often happens when the agreement and the new large stakes fill pany.
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