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This dissertation sheds light on how the categorical fit between venture capitalists and startups affect the matching process before a funding round. The study uses market categories to measure new venture’s distinctiveness and the cultural distance between venture capitalists and new...
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problems and affect finance composition. However, experience of business failure might result in additional effects. This … analysis therefore investigates the effects of experience on several aspects of start-up financing. It is based on data from … the KfW Start-up Monitor, a representative annual survey of the German population. The results show that experience …
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