The Two-Stage Model of Entrepreneurs Financing Based on the Entry/Exit Decision

Normally entrepreneur would raise fund from angel investors during the initial round. If the venture program was by then successful, the entrepreneur would then continue the fund-raising process from venture capitalist. By adopting the convertible preferred stock, we managed to construct the two-sta...

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Bibliographic Details
Main Authors: Kaihong Wang, Yin Mingyang, Zuo Jiani
Format: Article
Language:English
Published: Hindawi Limited 2018-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2018/7902985