Gateway to Think Tanks
来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w26275 |
来源ID | Working Paper 26275 |
Be Careful What You Ask For: Fundraising Strategies in Equity Crowdfunding | |
Thomas Hellmann; Ilona Mostipan; Nir Vulkan | |
发表日期 | 2019-09-16 |
出版年 | 2019 |
语种 | 英语 |
摘要 | We use equity crowdfunding data to ask how fundraising amounts can be explained by what entrepreneurs ask for, versus what investors want to invest. The analysis exploits unique features of crowdfunding where entrepreneurs not only set investment goals, but also chose when to close their campaigns. More experienced and more educated founder teams ask for more. Their campaigns succeed more often, and they raise more money. Female teams ask for less, are equally successful, yet raise significantly less. They also wait longer before closing campaigns, suggesting they want to raise more than what they originally asked for. |
主题 | Financial Economics ; Financial Institutions ; Other ; Accounting, Marketing, and Personnel |
URL | https://www.nber.org/papers/w26275 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/583948 |
推荐引用方式 GB/T 7714 | Thomas Hellmann,Ilona Mostipan,Nir Vulkan. Be Careful What You Ask For: Fundraising Strategies in Equity Crowdfunding. 2019. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w26275.pdf(719KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。