{"id":"W4417296417","doi":"10.48550/arxiv.2512.10568","title":"Optimal Embeddedness and Governance in Biotech Venture Capital Syndicates","year":2025,"lang":"","type":"preprint","venue":"ArXiv.org","topic":"Private Equity and Venture Capital","field":"Business, Management and Accounting","cited_by":0,"is_retracted":false,"has_abstract":true,"ca_institutions":"","funders":"","keywords":"Embeddedness; Initial public offering; Corporate governance; Venture capital; Homophily; LISREL; Momentum (technical analysis); Entrepreneurship","routes":{"ca_aff":false,"ca_fund":false,"ca_venue":false,"about_ca":true,"invisible_to_affiliation_only":true},"retraction":null,"screen":null,"direct_labels":[],"prediction":{"model_version":"metacan-v3-hybrid-931329e0061c","candidate_categories":[],"consensus_categories":[],"category_scores_codex":[0.001765614,0.000130685,0.0003021761,0.0007758618,0.0005000095,0.002045069,0.0002411608,0.0004709606,0.002322979],"category_scores_gemma":[0.01515691,0.0001929716,0.0001762999,0.0005454955,0.001180889,0.001760115,0.001325415,0.0003952337,0.0001562309],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.0008778237,"about_ca_system_score_gemma":0.0004727844,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.003553708,"about_ca_topic_score_gemma":0.004147355,"domain_scores_codex":[0.999261,0.0002821816,0.00005122351,0.0001902724,0.00008064755,0.000134762],"domain_scores_gemma":[0.9895563,0.004299153,0.004125833,0.0006113832,0.0003802969,0.001027045],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"observational","study_design_gemma":"observational","study_design_scores_codex":[0.0003496513,0.000243921,0.8379166,0.00008594026,0.0001527442,0.0005906179,0.002106952,0.06365979,0.003835921,0.05273201,0.0009673795,0.03735851],"study_design_scores_gemma":[0.00008176164,0.0002978898,0.6971052,0.00009072683,0.00009994696,0.0003816585,0.003723123,0.1741889,0.002304436,0.1190821,0.002594722,0.00004949276],"study_design_candidate":"observational","study_design_consensus":"observational","genre_codex":"empirical","genre_gemma":"empirical","genre_scores_codex":[0.9950823,0.00006969799,0.003230445,0.0001270951,0.000001480711,0.000007576674,0.0000442133,0.000009945863,0.001427332],"genre_scores_gemma":[0.9995521,0.00001865925,0.000211541,0.000004799761,0.000001675303,0.000002215244,0.00002029687,0.000001006474,0.000187671],"genre_candidate":"empirical","genre_consensus":"empirical","teacher_disagreement_score":0.003553708,"threshold_uncertainty_score":0.009337544,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.01953487304238125,"score_gpt":0.2436728951770631,"score_spread":0.2241380221346819,"validation_status":"score_only:v0-immature-baseline","note":"Baseline scores from an immature model (maturity gate not passed). Scores rank; they never assert a category."}}