| The Founder's Investor Choice: Entrepreneurial Decision-Making in Light of the IVC-CVC-Tradeoff 2023 Edition Contributor(s): Schröder, Alexander G. W. (Author) |
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ISBN: 3658353449 ISBN-13: 9783658353445 Publisher: Springer Gabler OUR PRICE: $151.99 Product Type: Hardcover Published: January 2022 |
| Additional Information |
| BISAC Categories: - Business & Economics | Entrepreneurship - Business & Economics | Production & Operations Management |
| Descriptions, Reviews, Etc. |
| Publisher Description: A founder's decision for an investor can substantially influence the new venture's success. Two common types of venture capital (VC) are independent venture capital (IVC) and corporate venture capital (CVC). Previous research focused on the investor's perspective and studied the distinct differences between IVC and CVC, their value-adding capabilities, and risks. In contrast, as founders' investor options have been rising, this research focuses on the founders and studies, which of the two types they prefer and why. The author outlines which investor characteristics founders favor and quantifies the value of these VC characteristics in terms of accepted equity dilution. The results show that founder preferences for the two VC types are highly heterogeneous. The author provides recommendations for founders on how to find the right investor and outlines how investors can position themselves to attract the most promising ventures and founding teams. |
