Bengtsson, Ola; Hsu, David H. - In: Journal of Business Venturing 30 (2015) 2, pp. 338-354
We document the role of entrepreneurial founder and venture capital (VC) partner co-ethnicity in shaping investment relationships. Co-ethnicity increases the likelihood that a VC firm invests in a company. Conditional on investment, co-ethnicity strengthens the degree of involvement by raising...