Paul A. Gompers: Other Biographical Information

SEMINARS AND CONFERENCE PRESENTATIONS—Academic

• American Economic Association: Annual Meeting, January 1995.  “Optimal Investment, Monitoring, and the Staging of Venture Capital”
• American Finance Association: Annual Meeting, January 1995, “An Analysis of Compensation in the U.S. Venture Capital Partnership.”
• American Finance Association: Annual Meeting, January 1996, “Myth or Reality? The Long-Run Underperformance of Initial Public Offerings: Evidence from Venture and Nonventure-backed Companies.”
• American Finance Association: Annual Meeting, January 1999, “What Drives Venture Capital Fundraising.”
• American Law and Economics Association: Annual Meeting.  May 1996, “The Use of Covenants: An Empirical Analysis of Venture Partnership Agreements."
• Arizona State University School of Business: Finance Seminar.  December 1995, "Venture Capital Distributions: Short-Run and Long-Run Reactions."
• Boston University: Finance Seminar, December 1996, “Myth or Reality? The Long-Run Underperformance of Initial Public Offerings: Evidence from Venture and Nonventure-backed Companies.”
• Brookings Institute, Microeconomic Conference, June 1998, “What Drives Venture Fundraising?”
• Business and Economic History: Annual Meeting.  March 1994, “The Rise and Fall of Venture Capital.”
• Center for Research on Security Prices: Biannual Meeting.  March 1995, “Myth or Reality? The Long-Run Underperformance of Initial Public Offerings: Evidence from Venture and Nonventure-backed Companies.”
• Center for Research on Security Prices: Biannual Meeting.  November 1994, "Venture Capital Distributions: Short-Run and Long-Run Reactions,"
• CEPR European Finance Conference on Financing Innovation, November 1998. “What Drives Venture Capital Fundraising.”
• Columbia Law School: Law and Economics Seminar.  November 1995, “An Analysis of Compensation in the U.S. Venture Capital Partnership.”
• Columbia Law School: Law and Economics Seminar.  November 1995, “The Use of Covenants: An Empirical Analysis of Venture Partnership Agreements."
• Columbia Law School: Financing Innovation Conference.  December 1997, “An Analysis of Covenants in Venture Capital Investments."
• Columbia University School of Business: Finance Seminar. January 1993, “Grandstanding in the Venture Capital Industry.”
• Copenhagen Business School, Finance Seminar, May 1999, “An Analysis of Executive Compensation, Ownership, and Control in Closely Held Firms.”
• Federal Reserve Bank of Chicago, January 1994, “Optimal Investment, Monitoring, and the Staging of Venture Capital.”
• Duke University Fuqua Business School: Finance Seminar, January 1993, “Grandstanding in the Venture Capital Industry.”
• Financial Decision and Control Workshop at Harvard Business School, July 1994, “Optimal Investment, Monitoring, and the Staging of Venture Capital.”
• Financial Decision and Control Workshop at Harvard Business School, July 1996, "Myth or Reality? The Long-Run Underperformance of Initial Public Offerings: Evidence from Venture and Nonventure-backed Companies.”
• Financial Decision and Control Workshop at Harvard Business School, July 1997, “Reputation and Conflict of Interest in the Issuance of Public Securities: Evidence from Venture Capital.”
• Financial Decision and Control Workshop at Harvard Business School, July 1998, “How are Large Institutions Different From Other Investors?  Why These Differences Matters for Equity Prices and Returns?”
• Harvard Business School: Finance Seminar.  February 1994, “An Analysis of Compensation in the U.S. Venture Capital Partnership.”
• Harvard Business School: Finance Seminar.  January 1993, “Grandstanding in the Venture Capital Industry.”
• Harvard Business School: Finance Seminar.  October 1996, "Venture Capital Distributions: Short-Run and Long-Run Reactions."
• Harvard Business School: Finance Seminar.  May 1999, "An Analysis of CEO Compensation, Ownership, and Control in Closely Held Firms."
• Harvard Business School: Organizations and Markets Seminar.  May 1999, "An Analysis of CEO Compensation, Ownership, and Control in Closely Held Firms."
• Harvard University Department of Economics: Workshop.  December 1992, “Optimal Investment, Monitoring, and the Staging of Venture Capital.”
• Harvard University Department of Economics: Organizations Workshop.  December 1996, “Reputation and Conflict of Interest in the Issuance of Public Securities: Evidence from Venture Capital.”
• Harvard University Department of Economics: Organizations Workshop.  December 1998, “Are the Hundred-Million-Dollar Managers Just Like Everyone Else? An Analysis of the Stock Ownership of Large Institutions.”
• Hebrew University School of Business: Finance Seminar.  March 1994, “An Analysis of Compensation in the U.S. Venture Capital Partnership.”
• Hebrew University School of Business: Finance Seminar.  March 1995, "Venture Capital Distributions: Short-Run and Long-Run Reactions."
• London School of Economics: Venture Capital Conference. October 1998. “How You Get There Matters: The Path Dependency of Executive Compensation in Closely Held Firms.”
• Massachusetts Institute of Technology: Organizations Workshop.  March 1996, “The Use of Covenants: An Empirical Analysis of Venture Partnership Agreements."
• Massachusetts Institute of Technology and Harvard University: Public Finance Workshop.  March 1998, “What Drives Venture Fundraising?"
• National Bureau of Economic Research: Corporate Finance Group, April 1994, “Optimal Investment, Monitoring, and the Staging of Venture Capital.”
• National Bureau of Economic Research: Summer Institute.  July 1994, “An Analysis of Compensation in the U.S. Venture Partnership Agreement.”
• National Bureau of Economic Research: Summer Institute.  July 1995, "Myth or Reality? The Long-Run Underperformance of Initial Public Offerings: Evidence from Venture and Nonventure-backed Companies.”
• National Bureau of Economic Research: Summer Institute.  July 1996, "Venture Capital Distributions: Short-Run and Long-Run Reactions"
• National Bureau of Economic Research: Finance Series.  December 1997, “Are the Hundred-Million-Dollar Managers Just Like Everyone Else? An Analysis of the Stock Ownership of Large Institutions"
• National Bureau of Economic Research: Finance Series.  November 1998, “How You Get There Matters: The Path Dependency of Executive Compensation in Closely-Held Firms."
• New York University Stern School of Business: Finance Seminar. January 1993, Grandstanding in the Venture Capital Industry.”
• New York University Stern School of Business: Finance Seminar. February 1999, “How You Get There Matters: The Path Dependency of Executive Compensation in Closely-Held Firms."
• Northwestern University Kellogg Business School: Finance Seminar. January 1993, Grandstanding in the Venture Capital Industry.”
• Northwestern University Kellogg Business School: Finance Seminar. October 1997, Money Chasing Deals?: The Impact of Fund Inflows on Private Equity Valuations.”
• Norwegian School of Management, Finance Seminar, May 1999, “An Analysis of Executive Compensation, Ownership, and Control in Closely Held Firms.”
• Ohio State University, Finance Seminar.  October 1998. “How You Get There Matters: The Path Dependency of Corporate Governance in Closely Held Firms.”
• Oxford University: Graduate Student Seminar. May 1989.
• Oxford University, Finance Seminar, May 1999, “An Analysis of Executive Compensation, Ownership, and Control in Closely Held Firms.”
• Queens University (Kingston, Ontario) School of Business: Finance Seminar. November 1996, "Myth or Reality? The Long-Run Underperformance of Initial Public Offerings: Evidence from Venture and Nonventure-backed Companies.”
• Rutgers University: Finance Seminar. October 1997, Money Chasing Deals?: The Impact of Fund Inflows on Private Equity Valuations.”
• Stanford University Graduate School of Business: Strategy Workshop. January 1993, Grandstanding in the Venture Capital Industry.”
• Stanford University Graduate School of Business: Center for Economic and Political Research. March 1997, “The Valuation of Private Equity Investments.”
• Tel Aviv University School of Business: Finance Seminar. March 1994, “An Analysis of Compensation in the U.S. Venture Capital Partnership.”
• Tel Aviv University School of Business: Finance Seminar. March 1995, "Venture Capital Distributions: Short-Run and Long-Run Reactions."
• University of Arizona School of Business: Finance Seminar.  December 1995, "Venture Capital Distributions: Short-Run and Long-Run Reactions."
• University of California at Berkeley Haas School of Business: Finance Seminar.  April 1993, “Grandstanding in the Venture Capital Industry.”
• University of California at Los Angeles: Finance Seminar. May 1997, “The Valuation of Private Equity Investments.”
• University of California at Los Angeles: Behavioral Finance Conference.
• April 1998, “Are the Hundred-Million-Dollar Managers Just Like Everyone Else? An Analysis of the Stock Ownership of Large Institutions.”
• University of Chicago Graduate School of Business: Finance Seminar. January 1993, Grandstanding in the Venture Capital Industry.”
• University of Chicago Graduate School of Business: Information and Uncertainty Seminar.  April 1995, "Venture Capital Distributions: Short-Run and Long-Run Reactions."
• University of Chicago Economics Department: Economic and Legal Organization Workshop.  February 1994, “The Use of Covenants: An Empirical Analysis of Venture Partnership Agreements."
• University of Chicago Economics Department: Economic and Legal Organization Workshop.  October 1997, “Reputation and Conflict of Interest in the Issuance of Public Securities: Evidence from Venture Capital.”
• University of Georgia School of Business: Finance Seminar. "Myth or Reality? The Long-Run Underperformance of Initial Public Offerings: Evidence from Venture and Nonventure-backed Companies.”
• University of Illinois School of Business: Finance Seminar. October 1994, “Optimal Investment, Monitoring, and the Staging of Venture Capital.”
• University of Michigan School of Business: Finance Seminar. November 1995, "Venture Capital Distributions: Short-Run and Long-Run Reactions."
• University of North Carolina School of Business: Finance Seminar.  November 1995, "Venture Capital Distributions: Short-Run and Long-Run Reactions."
• University of Pennsylvania, Wharton School Finance Workshop, March 1998, “Money Chasing Deals?  The Impact of Venture Inflows of Private Equity Prices.”
• University of Rochester Simon School of Business: Finance Seminar.  December 1996, "Myth or Reality? The Long-Run Underperformance of Initial Public Offerings: Evidence from Venture and Nonventure-backed Companies.”
• University of Rochester Simon School of Business: Organizations Seminar. February 1993, Grandstanding in the Venture Capital Industry.”
• Virginia Tech University School of Business: Finance Seminar.  October 1995, "Myth or Reality? The Long-Run Underperformance of Initial Public Offerings: Evidence from Venture and Nonventure-backed Companies.”
• World Bank.  Finance Seminar.  May 1999, "An Analysis of CEO Compensation, Ownership, and Control in Closely Held Firms."
• Western Finance Association: Annual Meeting. June 1994, “Optimal Investment, Monitoring, and the Staging of Venture Capital.”
• Western Finance Association: Annual Meeting. June 1995, “The Long-run Underperformance of Seasoned Equity Offerings Revisited.”
• Western Finance Association: Annual Meeting. June 1996, “The Use of Covenants: An Empirical Analysis of Venture Partnership Agreements."
• Western Finance Association: Annual Meeting. June 1997, “Reputation and Conflict of Interest in the Issuance of Public Securities: Evidence from Venture Capital."
• Western Finance Association: Annual Meeting. June 1998, How are Large Institutions Different from Other Investors? Why These Differences Matter for Equity Prices and Returns?"
• Yale University, School of Management: Finance Seminar. January 1993.  “Grandstanding in the Venture Capital Industry.”

SPEECHES AND CONFERENCE PRESENTATIONS--Practitioner
 

• Advanced Technology Program,  National Institute for Standards and Technology and NBER conference on Financing Innovation.  June 1998.
• Amsterdam  Institute of Finance. October 1994, “Venture Capital and the Finance of Emerging Companies.”
• American Friends of the Technion, October 1998, “The Development of High Technology and Venture Capital in Israel.”
• AT&T Small Business Conference.  April 1994, “Venture Capital: The Road Ahead.”
• Center for Economic Policy Research Venture Capital Conference, March 1997, “The Pricing of Private Equity Investments: A Window on the Returns of Tomorrow.”
• Latin American Chamber of Commerce. February, 1995. “Capital for Entrepreneurial Companies: A Look Ahead.
• Federal Reserve Bank of Chicago:  Venture Capital Conference.
• Harvard Business School: Venture Capital Conference.  December 1995, "Myth or Reality? The Long-Run Underperformance of Initial Public Offerings: Evidence from Venture and Nonventure-backed Companies” and “Venture Capital Distributions: Short-run and Long-run Reactions.”
• Harvard Business School: Global Alumni Conference.  June 1998.  “Consolidation Buy-outs.”
• Hambrecht and Quist: Post-Venture Forum.  March 1999, “Venture and Post-Venture Opportunities: Insights from Research.”
• Institutional Limited Partner’s Association, September 1997, “Risk and Return in Private Equity.”
• International Business Forum, June 1999, “Venture Capitalists and the Public Markets.”
• Investors’ Press Alpha Roundtable.  October 1996, “The Future of Private Equity”
• Israel Business Forum, March 1994.
• Japanese Private Equity Forum, July 1997, “Corporations and Venture Capital: Old and New Challenges.”
• Massachusetts Public Pension Fund Investment Forum, October 1998. “Venture Capital: Investing in Start-up and Newly Public Firms.”
• Russell Capital Private Equity Conference, March 1997, “The Pricing of Private Equity Investments: A Window on the Returns of Tomorrow.”
• Russell Capital Private Equity Conference, November 1998, “Advent Israel Venture Capital Program.”
• Samsung Venture Capital Group, October 1997, “Corporations and Venture Capital: Old and New Challenges.”
• University of Chicago Business Forum.  May 1995.  Organized and moderated panel. “The Next Ten Years in Venture Capital.”
• Venture Economics: Venture Forum. November 1994.  Keynote Address entitled “The Venture Cycle.”
• Venture Economics: Venture Forum. November 1994. Panelist for IPO performance issues.
• Venture Economics: Venture Forum. November 1996. Plenary session speaker on venture capital returns.
• Young Presidents’ Organization Conference. November 1998. “Entrepreneurial Opportunities in Crisis Situations.”
• In addition, made presentations of research findings for several institutional investors and investment managers who contributed data for the project on interactions between venture organizations and institutional investors.

TEACHING

University of Chicago
 

• Developed and taught course “Entrepreneurial Finance and Management,” a second-year MBA elective, 1993-1995.

Harvard Business School
 

• Taught “First-Year Finance,” in Required Curriculum, 1995-1997.
• Taught “Entrepreneurial Finance,” in Elective Curriculum, 1997-1999.
• Co-developed and co-taught Ph.D. course “Empirical Topics in Corporate Finance,” 1999 (with Josh Lerner).
• Co-developed and partially taught three-day executive courses on venture capital and private  equity:  “Conflict and Evolution in Private Equity,” (1996), “Corporate Venture Capital: The Third Wave” (1997), “The Internationalization of Private Equity” (1998), and “Structuring Effective Private Equity Organizations” (1999) (all with Josh Lerner).
• Co-developed and taught “Economics of Markets,” in Executive Education Curriculum, 1997.
• Partially taught in a variety of programs including:
•  General Management Program/ START. August 1996.
•  HBS/CIEBA Pension Workshop, April 1996.
•  YPO Conference.  February 1997.
•  Strategic Finance for Small Business, February 1998, March 1999.
•  Entrepreneur’s Toolkit. June 1997, June 1998.

PROFESSIONAL SERVICE AND EXPERIENCE

• 1985-1986 BAYER CHEMICAL CO. LEVERKUSEN, GERMANY
• Researcher.  Performed bio-chemical analysis on locust flight muscle metabolism.
• 1997-present Associate Editor for Small Business Economics.
• 1997-present Associate Editor for Journal of Private Equity.
• 1997-present Western Finance Association Meetings Program Committee.
• 1998-1999 Program Committee, Journal of Financial Economics conference on research methodologies in finance.
• Referee for the Journal of Financial Economics, Journal of Finance, Journal of Political Economy, Quarterly Journal of Economics, Rand Journal of Economics, Review of Financial Studies, American Economic Review, Journal of Public Economics, Journal of Corporate Finance, Journal of Small Business Management, Economic Letter, Small Business Economics, Journal of Business Venturing, Journal of Small Business Finance, Journal of Business, Journal of Law, Economics, and Organizations, and Journal of Law and Economics.
• Reviewer for reports and proposals for the National Science Foundation.
• Reviewer for reports and proposals for the Securities and Exchange Commission.

COMMUNITY SERVICE

• Vice President, Treasurer, and Executive Board Member, Harvard Hillel (1995-present).
• Board Member, Anshe Shalom B’nei Israel Congregation (1993-1995).
• Ivy League Eikeden Committee (1997-present)