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We analyze determinants of access to venture capital for Black founders of high-growth startups. We combine image- and name-processing algorithms with clerical review to identify race for over 100,000 startup founders "at risk" for venture funding. Black founders raise roughly one-third as much...
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VC tells the riveting story of how the venture capital industry arose from the United States' long-running orientation toward entrepreneurship. From nineteenth-century whaling to the multitude of firms pursuing entrepreneurial finance today, venture capital has been driven by the pull of...
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Introduction Unreasonable People -- Arthur Rock and Liberation Capital -- Finance Without Finance -- Sequoia, Kleiner Perkins, and Activist Capital -- The Whispering of Apple -- Cisco, 3Com, and the Valley Ascendant -- Planners and Improvisers -- Benchmark, SoftBank, and "Everyone Needs $100...
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were drastically impacted by COVID-19. We examine all U.S. equity crowdfunding offerings starting with the very first … housing prices post-COVID-19 are a strong predictor of the number of equity crowdfunding campaigns and the amount of capital … raised. The impact of housing price changes on crowdfunding is more pronounced among more prosperous regions. The housing …
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