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...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Hindawi Limited
2018-01-01
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Series: | Discrete Dynamics in Nature and Society |
Online Access: | http://dx.doi.org/10.1155/2018/7902985 |