Equity financing in entrepreneurship primarily includes venture capital, corporate venture
capital, angel investment, crowdfunding, and accelerators. We take stock of venture …

The last decade has seen the emergence of alternative sources of early-stage finance,
which are radically changing and reshaping the start-up eco-system. These include …

We use an experimental conjoint analysis to investigate the investment criteria of 749 private
equity investors, distinguishing between family offices, business angels, venture capital …

Digital entrepreneurship highly relies on external sources of financing to foster growth. This
study aims at investigating how angel groups and venture capital (VC) funds affect growth of …

Abstract Research Summary Innovative entrepreneurship, defined as the creation of new
products, services, production methods, or business models, is critical for firm, industry, and …

This paper examines for the first time dual-class equity crowdfunding as a digital ownership
model. Unique to this context, companies can set an investment threshold under which no …

We study how technological shocks to the cost of starting new businesses have led the
venture capital model to adapt in fundamental ways over the prior decade. We both …

Equity crowdfunding platforms are at the center of the digital transformation of early-stage
venture funding. These digital platforms were originally heralded as a democratizing force in …

Venture capital, angel financing, and crowdfunding have evolved and matured in the
entrepreneurial finance market. These market developments have also been accompanied …

Initial coin offerings (ICOs) are one of the major innovations that characterize the digital
revolution of financial markets. Among the expectations created by the digital revolution is …