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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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The US entrepreneurial finance market has changed dramatically over the last two decades. Entrepreneurs who raise 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 start-ups are raising larger amounts of...
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Crowdfunding appears to be an innovative way of fundraising various projects. Although it is a relatively new and … engagement and involvement in crowdfunding, there is still a lack of understanding of how creators can stimulate backers …' activity. Therefore the aim of this paper is to identify and classify the methods used for crowdfunding by the top creators to …
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