Showing 1 - 10 of 773
In this paper we explore whether or not the experience as a founder of a venture capital-backed startup influences the performance of founders who become venture capitalists (VCs). We find that nearly 7% of VCs were previously founders of a venture-backed startup. Having a successful exit and...
Persistent link: https://www.econbiz.de/10013191001
We present a theoretical model of startup signaling with multiple signals and potential differences in external investor preferences. For a novel sample of technology incubator startups, we empirically examine the use of patents and founder, friends, and family (FFF) money as such signals,...
Persistent link: https://www.econbiz.de/10012461608
With an overall lack of gender and ethnic diversity in the innovation sector documented in Gompers and Wang (2017), we ask the natural next question: Does increased diversity lead to better firm performances? In this paper, we attempt to answer this question using a unique dataset of the gender...
Persistent link: https://www.econbiz.de/10012455227
participate, and over 50% of them are entrepreneurs. We then exploit an identification strategy by comparing the entrepreneurial …
Persistent link: https://www.econbiz.de/10014437028
. Such frictions can help explain part of the gender gap in entrepreneurship, and also have implications for how to design …
Persistent link: https://www.econbiz.de/10012480392
Financing constraints are one of the biggest concerns impacting potential entrepreneurs around the world. Given the … important role that entrepreneurship is believed to play in the process of economic growth, alleviating financing constraints … for would-be entrepreneurs is also an important goal for policymakers worldwide. We review two major streams of research …
Persistent link: https://www.econbiz.de/10012463151
In the standard venture capital contract, entrepreneurs have a large fraction of equity ownership in the companies they … to those whose companies go public or are acquired on favorable terms, forcing entrepreneurs to bear a substantial burden … attracting venture funding. Entrepreneurs with a coefficient of relative risk aversion of two and with less than $0.7 million …
Persistent link: https://www.econbiz.de/10012464428
This paper argues that a large component of success in entrepreneurship and venture capital can be attributed to skill …. We show that entrepreneurs with a track record of success are more likely to succeed than first time entrepreneurs and … for entrepreneurs without a successful track record. Similarly, more experienced venture capitalists are able to identify …
Persistent link: https://www.econbiz.de/10012466069
The paper studies the effects of tax policy on venture capital activity. Entrepreneurs pursue a single high risk … an entrepreneurial sector, the paper investigates the effects of taxes on the equilibrium level of entrepreneurship and …
Persistent link: https://www.econbiz.de/10012470760
mechanism, but it does not seem to be the primary one. An alternative is that competitions help entrepreneurs learn about their …
Persistent link: https://www.econbiz.de/10012453839