<title>Abstract</title> This study examines the criteria by which entrepreneurs choose their venture capital investors, using data from 59 entrepreneurs evaluating the relative importance of seven selection criteria. We divided our sample into three approximately equal subsamples, according to the degree of...

Much of traditional investment theory is based on risk taking with known parameters. This article looks at a case where the parameters of the risk function are unknown and investors therefore face uncertainty in risk-taking. We provide a theoretical background to develop alternative cognitive...

Findings are presented from a study of the cognitive behaviours of 57 venture capital investors in the early-stage technology sector during the 1998 -- 2001 Internet bubble period. The inductive research methodology was based on open-ended qualitative interviews with investment...