A Comparison of Business Angel and Venture Capitalist Investment Procedures

• Author : Mark Van Osnabrugge,Robert J. Robinson,Harvard University. Graduate School of Business Administration. Division of Research
• Publisher : Unknown
• Release : 07 July 1999

This paper conducts the first-ever detailed comparison of the investment criteria and procedures of business angels (BAs) and venture capitalists (VCs) across the full investment process. To make the study more robust, a theoretical base is adopted (based on agency theory) to form research hypotheses which propose that BAs and VCs in the UK may use different approaches to limit potential agency risks in their investments (i.e. the risks associated with an entrepreneur's potential misuse of the investor's money).

• Author : Mark S. van Osnabrugge
• Publisher : Unknown
• Release : 07 July 1998

• Author : Daniel Schmidt
• Publisher : Anchor Academic Publishing (aap_verlag)
• Release : 01 February 2014

The study extends the literature on venture capital by examining whether entrepreneur’s choice for an external investor and certain firm characteristics have an impact on venture success or not. The focus is set on the differences in value creation by venture capitalists and business angels for ventures of the high- and low-technology sector. The assessment of a data set including 252 Series A financing rounds by venture capitalist firms, business angels and collaborative investments of both investors conducted between 2005 and 2012

• Author : Hans Landström,Colin Mason
• Publisher : Edward Elgar Publishing
• Release : 28 September 2016

Business angels are recognized as playing a key role in financing the start-up and early stages of new ventures. However, our knowledge of how business angels operate remains limited and highly fragmented. This Handbook provides a synthesis of research on business angels. It adopts an international perspective to reflect the spread of angel investing around the world. The increasing number of government initiatives to promote angel investing is also reflected in the book with an assessment of the most common

• Author : Mark Van Osnabrugge,Robert J. Robinson,Harvard University. Graduate School of Business Administration. Division of Research
• Publisher : Unknown
• Release : 07 July 1999

Although they represent but a minority of all small firms in our economy, high-growth entrepreneurial ventures are increasingly widely recognized for their role in job growth and economic prosperity. However their inherently high-risk nature leads to many of these early-stage firms experiencing difficulty in securing outside finance from institutional investors, ultimately limiting their growth and economic potential. Fortunately two investor types--business angels and venture capitalists--do fund a proportion of these entrepreneurial ventures, with angels investing $10-30 billion and venture capitalists $2

• Author : Scott Shane
• Publisher : Oxford University Press
• Release : 12 November 2008

Scott Shane draws on hard data from the Federal Reserve and other sources to paint the first reliable group portrait of the lionized angel investors. Surprisingly, he finds that they are fewer, contribute less, and involve themselves in fewer start-ups than the conventional wisdom suggests. Numbering only 156,000, angels typically still have their day jobs, make investments of $10,000 or less, and take little or no role in management. Few of the companies they put money into arrive at IPOs, let alone

• Author : Mark Van Osnabrugge,Robert J. Robinson
• Publisher : John Wiley & Sons
• Release : 02 May 2000

They deliver more capital to entrepreneurs than any other source.And they often receive an incredible return on their investments.They're angel investors, some of the most important--and leastunderstood--players in business today. The United States has closeto three million angels, whose investments in startups exceed $60billion per year. Some of our most successful companies were fundedby angels--companies like Ford, AOL, and Amazon.com. But until now,little has been written about these angels, due in part to theirpreference for anonymity.

• Author : Iris Claus,Leo Krippner
• Publisher : John Wiley & Sons
• Release : 27 February 2019

The literature surveys presented in this edited volume provide readers with up-to-date reviews on eleven contemporary topics in finance. Topics include unconventional monetary policy, implicit bank guarantees, and financial fraud - all linked to the exceptional event of the Global Financial Crisis Explores how recent studies on inflation risk premia and finance and productivity have benefitted from new empirical methods and the availability of relevant data Demonstrates how angel investing, venture capital, relationship lending and microfinance have benefitted from increased

• Author : Maria Minniti
• Publisher : Greenwood Publishing Group
• Release : 01 November 2006

• Author : Maria Minniti
• Publisher : Oxford University Press
• Release : 14 February 2013

As governments across the world look to entrepreneurship as a way to increase the wealth and well-being of their countries, this volume brings together leading scholars to provide a comprehensive overview of entrepreneurial activity based on empirical data.

• Author : Darek Klonowski
• Publisher : Routledge
• Release : 27 November 2014

Entrepreneurial finance is a discipline that studies financial resource mobilization, resource allocation, risk moderation, optimization in financial contracting, value creation, and value monetization within the context of entrepreneurship. However, without proper strategic consideration the discipline is incomplete. This book examines how the activity of entrepreneurial finance can be enhanced via a concentration on value creation and through improved strategic decision-making. The most unique feature of the book is its focus on value creation. For entrepreneurs, value creation is not a

• Author : Hans Landström
• Publisher : Edward Elgar Publishing
• Release : 07 July 2022

Provides an overview of the various facets of venture capital and their related issues. This book surveys venture capital as a research field and explores the various conceptual, theoretical, methodological and geographic aspects. It focuses on the specific environs of venture capital.

• Author : Rolf W_stenhagen,Robert Wuebker
• Publisher : Edward Elgar Publishing
• Release : 01 January 2011

This timely Handbook provides an excellent overview of our knowledge on the drivers, influencing factors and outcomes of energy entrepreneurship. As the world grapples with global resource crunches and fights to reap the rewards of new energy technologies, a wide space for entrepreneurialopportunity has emerged. The Handbook of Research on Energy Entrepreneurship offers critical insight on how nations the world over can make full use of those opportunities.

• Author : Alexandra Moritz,Joern H. Block,Stephan Golla,Arndt Werner
• Publisher : Springer Nature
• Release : 22 August 2019

More extensive regulations, new technologies, and new means of communication have significantly changed the financing landscape for startups and small to medium-sized companies (SMEs). This volume provides a contemporary research-based overview of the latest trends in entrepreneurial finance and outlines expected future developments. Starting with the status quo in market regulations and the financing structure of SMEs, it addresses a broad range of new financing alternatives for innovative startups (e.g. business angel financing, venture capital and corporate venture capital),

• Author : Leo Paul Dana
• Publisher : Edward Elgar Publishing
• Release : 01 January 2011

Topics covered include: business angels, Chinese clan entrepreneurship, criminal entrepreneurship, defining the entrepreneur, education, employee start-ups, entrepreneurship policy, ethics, ethnic minority entrepreneurship, family business, global entrepreneurship and trans-nationalism, indigenous entrepreneurship, international entrepreneurship, internationalisation, involuntary entrepreneurship, Islam and entrepreneurship, island entrepreneurship, mature-age entrepreneurs, pastoralism, religion as an explanatory variable for entrepreneurship, rural entrepreneurship, selfefficacy, social entrepreneurship and venture capital. There are also entries on individuals including Conrad Hilton, Howard Hughes and Joseph Schumpeter.