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The syndication of venture capital investments
Omega, 2001This paper examines competing finance, resource-based and deal flow explanations for the syndication of venture capital investments. Evidence from 60 firms (a 58.8% response rate) is analysed. Overall the finance perspective provides a strong explanation of motives for syndication, but the resource-based view is found to be much more important for ...
Andy Lockett
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The Crowdfunding Effects on Venture Capital Investment
Management Science, 2020We examine the impact of crowdfunding on venture capital (VC) investments in the presence of competition among VC firms. Our economic model comprises a startup, a crowdfunding platform, and two VC firms, each with its own perception of the startup’s potential.
Ming Hu 0002, Yannan Jin, Jussi Keppo
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Asset liquidity and venture capital investment
Journal of Corporate Finance, 2021"We examine the relationship between asset market liquidity and venture capital (VC) investment and find that it is inverted U-shaped. Asset liquidity and VC investment are positively related for low levels of asset liquidity but negatively related for higher levels of asset liquidity.
Nguyen, Giang, Vo, Vinh
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Local bias in venture capital investments
Journal of Empirical Finance, 2007Abstract This paper examines local bias in the context of venture capital (VC) investments. Based on a sample of U.S. VC investments between 1980 and June 2009, we find more reputable VCs (older, larger, more experienced, and with stronger IPO track record) and VCs with broader networks exhibit less local bias.
Douglas J. Cumming, Na Dai
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Demystifying venture capital investing
IEEE Symposium on Information Visualization, 2002. INFOVIS 2002., 2003Since the crash of the dot.coms, investors have gotten a lot more careful with where they place their money. Now more than ever it becomes really important for venture capitalists (VCs) to monitor the state of the startups market and continually update their investment strategy to suit the rapidly changing market conditions.
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