is, what drives this? We exploit the unique features of equity crowdfunding to disentangle the choices made by … entrepreneurs and investors. We find that female teams set lower fundraising goals, are equally likely to achieve their minimum goal … (where investors prefer to invest in their own gender) can explain some but not all of the female funding gap. One …

percentage points less likely than male-led ventures to obtain external funding (i.e., venture capital). However, investors … residual gap diminishes significantly when stronger signals of growth are available to investors for comparable female- and … male-led ventures or when focal investors are more sophisticated. Finally, conditional on the reception of external funds …

France. Female-founded start-ups are 27% less likely to raise external equity including venture capital. However, the gender … evidence is consistent with the existence of context-dependent stereotypes among investors …

We study gender and race in high-impact entrepreneurship using a tightly controlled randomized field experiment. We … sent out 80,000 pitch emails introducing promising but fictitious start-ups to 28,000 venture capitalists and angels. Each … email was sent by a fictitious entrepreneur with randomly assigned gender and race. Female entrepreneurs received 9% more …

reason behind this funding gap is gender-based differences in access to investors. In this study, I evaluate the effects of … the 2012 legislation that legalized accredited equity crowdfunding and relaxed regulations on advertising private firm …

Crowdfunding is one of the most successful segments of the burgeoning fintech industry that might challenge the role of … traditional financial intermediaries. We document a number of gender differences in crowdfunding by analyzing a near …