Oireachtas Joint and Select Committees
Thursday, 30 March 2017
Public Accounts Committee
University of Limerick: Financial Statements 2014-2015
9:00 am
Professor Don Barry:
The common practice in the university at the moment is to take 15% of the initial shareholding. The way in which a spin-out company develops itself as a company is to seek investment by venture funds in return for share capital, so that, over a relatively short time, if the spin-out company is showing any signs of success, the initial shareholding is considerably diluted by the addition of external funds which are necessary to develop the company beyond-----
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