Showing 11 - 20 of 105,873
Although an extensive literature shows that startups are financially constrained and that constraints vary by geography, the source of these constraints is still relatively unknown. We explore intermediary financing constraints, a channel studied in the banking literature, but only implicitly...
Persistent link: https://www.econbiz.de/10013233796
The U.S. entrepreneurial finance market has changed dramatically over the last two decades. Entrepreneurs raising their first round of venture capital retain 30% more equity in their firm and are more likely to control their board of directors. Late-stage startups are raising larger amounts of...
Persistent link: https://www.econbiz.de/10013321792
Various forms of social learning and network effects are at work on crowdfunding platforms, giving rise to … their common presence on the platform. We finally show that these crowdfunding dynamics stir platform growth, with important …
Persistent link: https://www.econbiz.de/10012057306
Various forms of social learning and network effects are at work on crowdfunding platforms, giving rise to … their common presence on the platform. We finally show that these crowdfunding dynamics stir platform growth, with important …
Persistent link: https://www.econbiz.de/10012140998
Crowdfunding has mostly been used to finance very unique projects. Recently, however, companies have begun using it to … finance more traditional products where they compete against other sellers of similar products. Major crowdfunding platforms … where two competing firms can use crowdfunding prior to direct sales. The model provides several implications that have not …
Persistent link: https://www.econbiz.de/10012174171
financial resources in an equity crowdfunding context. We examine the impact of firms' financial roadmaps (e.g., preplanned exit … successful equity crowdfunding. External certification, by contrast, has little or no impact on success. We also discuss the …
Persistent link: https://www.econbiz.de/10013065256
This chapter discusses issues pertaining to crowdfunding and entrepreneurial internationalization. We extend prior … literature by examining case studies and portals where entrepreneurial internationalization is facilitated by crowdfunding. We …
Persistent link: https://www.econbiz.de/10013002036
the 2012 legislation that legalized accredited equity crowdfunding and relaxed regulations on advertising private firm …
Persistent link: https://www.econbiz.de/10012851571
(small) investors to commit financial resources in an equity crowdfunding context. We examine the impact of venture quality …
Persistent link: https://www.econbiz.de/10013061993
This study investigates signal validity in equity-based crowdfunding by examining whether signals that increase crowd … leading German equity-based crowdfunding platform, Companisto. We find that indicating that the chief executive officer holds …
Persistent link: https://www.econbiz.de/10012594940