The Consequences of Entrepreneurial Finance: Evidence from Angel Financings

This article documents the fact that ventures funded by two successful angel groups experience superior outcomes to rejected ventures: They have improved survival, exits, employment, patenting, Web traffic, and financing. We use strong discontinuities in angel- funding behavior over small changes in...

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Bibliographic Details
Main Authors: Kerr, William R. (Author), Lerner, Josh (Author), Schoar, Antoinette (Contributor)
Other Authors: Sloan School of Management (Contributor)
Format: Article
Language:English
Published: Oxford University Press on behalf of The Society for Financial Studies, 2014-06-24T15:58:43Z.
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