Search results for "Seed money"

showing 3 items of 3 documents

Determinants of Individual Investment Decisions in Investment-Based Crowdfunding

2017

We investigate determinants of investment decisions in investment-based (equity and real estate) crowdfunding, using a novel investment-, investor- and campaign-level database. We find that this market is a man's world, with nearly 93% of investments made by men. Consistent with behavioral and finance theories, we find that women invest less in the riskiest investments but more in safer ones. Further analyses show that these findings are better explained by differences in risk aversion than differences in overconfidence between men and women. Investors located in an area considered more "sociable" (socially friendly) also invest more, but only if the investor is a woman. Overall, the findin…

Investment decisionFinancial economicsInvestment strategyReal estateInvestor profileAccountingSAFERReturn on investment0502 economics and businessEquity CrowdfundingEquity crowdfunding[ SHS.GESTION ] Humanities and Social Sciences/Business administrationFinance050208 financePublic economicsbusiness.industry05 social sciencesEquity (finance)050201 accountingEntrepreneurial financeStartup financeEntrepreneurial financeSeed moneyInvestment decisionsBusiness Management and Accounting (miscellaneous)[SHS.GESTION]Humanities and Social Sciences/Business administrationbusiness[SHS.GESTION] Humanities and Social Sciences/Business administrationCrowdfundingFinance050203 business & managementOverconfidence effect
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From the crowd to the market: The role of reward-based crowdfunding performance in attracting professional investors

2017

Abstract We focus on new technology-based entrepreneurial ventures engaging in reward-based crowdfunding and examine the effect of their performance in such funding channel on the likelihood of securing subsequent funding from professional investors. We also study how this effect is influenced by the presence of patents granted for the new product idea and the entrepreneur social capital. Results from a sample of technology projects launched on Kickstarter demonstrate that pledging a higher amount of money in crowdfunding can ignite professional investors’ interest and thus help secure subsequent funding. However, this positive evidence is effective only when complemented by the presence of…

Innovation; New technology-based venture financing; Patents; Reward-based crowdfunding; Social capital; Engineering (all); Strategy and Management1409 Tourism Leisure and Hospitality Management; Management Science and Operations Research; Management of Technology and InnovationStrategy and ManagementStrategy and Management1409 TourismSample (statistics)Management Science and Operations ResearchEngineering (all)Social capitalManagement of Technology and Innovation0502 economics and businessEconomicsMarketingInnovationPatentsReward-based crowdfundingFinancebusiness.industryNew technology-based venture financingLeisure and Hospitality Management05 social sciencesSettore ING-IND/35 - Ingegneria Economico-GestionalePositive evidenceStrategy and Management1409 Tourism Leisure and Hospitality ManagementInterpersonal tiesSeed moneyNew product developmentPatent050211 marketingbusiness050203 business & managementSocial capitalResearch Policy
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Financing Small Businesses: From Venture Capital to Crowdfunding

2017

Abstract Startups and small businesses are facing many challenges in terms of financing their activities. These types of companies do not have the possibility to access capital market or to make IPO or to borrow money from banks like big, mature or well-known companies (who were at their beginnings startups or small businesses). They have to find different sources for financing their ideas/products/services that are in many cases very risky, hazardous or to ambitious. But, fortunately, the financing alternative for these companies have evolved during the last post crisis years. They have possibility to find some investors that are willing to invest in a non-name company by accessing crowdfu…

EntrepreneurshipSocial venture capitalfood.ingredientHF5001-6182Social PsychologyEconomics Econometrics and Finance (miscellaneous)foodOrder (exchange)0502 economics and businessBusinessventure capitalFinance050208 financeUnicorncrowdfundingbusiness.industrysmall businesses05 social sciencesstartupVenture capitalSeed moneyunicornsBusiness Management and Accounting (miscellaneous)businessangel investorsCapital marketInitial public offering050203 business & managementStudies in Business and Economics
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