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Because securitizations are designed to create a very safe claim by separating the risk of the securitized assets from the risk of the originating firms, increases in the risk of the receivables directly inhibit originating firms' ability to securitize assets and indirectly inhibit the originating firms' access to external finance.
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By mimicking its recipient firms, the originating firm reduces the challenge and uncertainty of exploring unfamiliar knowledge domains.
Before joining General Catalyst, Teo was a principal at Benchmark Capital, where he originated the firm's investments in Twitter and Instagram.
Prior to joining Next World Capital, Fu was mostly recently a Principal with Scale Venture Partners, where he helped originate the firm's investment in Box and uTest, and also worked closely with HubSpot, RingCentral, BrightRoll, and Jaspersoft.
We synthesize across literature streams examining each phenomena to document distinctions between firms originating from different "knowledge contexts".
(The only exceptions were the two firms originating in "start-up communities" that are now collaborating to leverage a spinoff. We will discuss them below).
It originates from the firms' legal obligation to deposit their balance sheets on the Mercantile Registry.
As the FHA's market share has increased, so has the default rate on loans originated by mortgage firms it backstops.
Eager for the profits generated by originating these loans, big firms bought subprime lenders to keep their securitization machinery humming.
If those running Fannie and Freddie had taxpayers' interests at heart, they would be working assiduously to return as many questionable mortgages as they could to the firms who originated them (those firms that still exist, that is).
Bankers were in the middle, between the firms that originated the loans and the investors who bought bonds with them.
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CEO of Professional Science Editing for Scientists @ prosciediting.com