Chugh, Harveen; Nicolaou, Nicos; Barnes, Simon - In: Venture Capital 13 (2011) 3, pp. 243-265
This study examines how venture capital (VC) feedback affects start-ups through a three-year qualitative study of university spin-offs. We present a taxonomy of VC feedback into (i) inconsistent, (ii) consistent and workable, and (iii) consistent and unworkable feedback. We find that when...