Fried, Vance H.; Hisrich, Robert D.; Polonchek, Amy - In: Journal of Small Business Finance 3 (1993) 1, pp. 37-42
This study replicates substantial portions of a study entitled “Criteria Used by Venture Capitalists to Evaluate New Ventures Proposals” by MacMillan, Siegal, and SubbaNarasimha. Results were similar to the earlier work. The differences observed can be attributed to history effects caused by...