Over the past years crowdfunding emerged as an alternative funding channel for entrepreneurs. In contrast to … traditional financiers (banks, venture capital firms or angel investors), crowdfunding allows individuals to fund entrepreneurs … directly even with small amounts. We received individual-level data from Startnext, the biggest crowdfunding platform in …

crowdfunding ventures. This is done by applying standard economic theory and machine learning techniques from computer science to … analyzes transaction-level data in addition to information about completed crowdfunding projects. This provides an unique … crowdfunding campaign at any point throughout its duration. These ndings prove that a number of product and project specifi c …

funding rounds. The digital era has substantially expanded the entrepreneurial financing landscape and crowdfunding is …