Showing articles by Sorenson, Olav
Be Careful What You Ask For: Fundraising Strategies in Equity Crowdfunding
The so-called “FinTech revolution” is beginning to have a significant impact on the way new companies are financed. In the UK alone, it is estimated that at least 40% of early stage financing is now received via Equity Crowdfunding platforms, where the public (i.e., unaccredited investors, aka the crowd) invest…
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The Persistent Effect of Early Success: Evidence from Venture Capital
Unlike other assets classes, private equity -- especially venture capital -- has been found to exhibit performance persistence. Money managers that perform well in one period have a higher likelihood of being above-average in their performance in the future. To understand better what might account for this persistence, we examined…
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