Journal
VENTURE CAPITAL
Volume 7, Issue 4, Pages 343-357Publisher
ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
DOI: 10.1080/13691060500348876
Keywords
Angel investing; informal venture capital; venture investing returns; entrepreneurial finance
Categories
Ask authors/readers for more resources
This study explores a model of venture investing developed from the literature on formal venture capital research in the setting of angel investing in the USA. The model explores the role of venture stage, due diligence, deal flow, co-investing and post investment participation on the distribution of returns to angel investors. Doing so directly addresses an interesting question regarding the extent to which formal venture capital practices are appropriate and effective in the typical angel investment setting. In the process, results from the first relatively large-scale study of angel investor outcomes in the USA are reported and related to earlier findings for UK angel investors.
Authors
I am an author on this paper
Click your name to claim this paper and add it to your profile.
Reviews
Recommended
No Data Available