This paper aims to evaluate how entrepreneurial orientation affects the access a startup has to finance, from both angel investors and venture capital firms. Entrepreneurial orientation in this context consists of risk-taking, proactiveness, and innovativeness. We also evaluate whether a...

This study aims to analyze what criteria are used by Venture Capital (VC) firms to value Indonesian tech startups as high-flyer investments. We define high-flyer investment here as start-ups projected to generate a return five times or more than its initial investment. We evaluated what criteria...

This study discusses the investment evaluation criteria employed by venture capital firms in deciding to invest in potential Indonesian start-up companies. Based on the literature, we observed 12 investment evaluation criteria commonly used by venture capital firms (VCFs) around the world. In...