Showing articles by Hellmann, Thomas

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…

Continue reading

Foreign Investors & Domestic Company Growth: Evidence from US Venture Capital Investments in Sweden

There is a long-standing debate about the advantages and disadvantages of foreign investors. Advocates emphasize the benefits of foreign capital, expertise and networks, whereas critics worry about hollowing out domestic economic activities. This debate also pertains to the financing of start-ups by venture capitalists (VCs). The US is the epicentre…

Continue reading

Fostering Entrepreneurship: Promoting Founding or Funding?

Everybody loves Silicon Valley. Imitations can be found worldwide: Silicon Forest (Oregon), Swamp (Florida), Gorge (UK), Glen (Scotland), Fjord (Norway), Wadi (Israel), Savannah (Kenya), and many more. Policy makers, in particular, are eager to foster entrepreneurial ecosystems by promoting entrepreneurship, with the hope to foster economic growth, employment, and innovation.…

Continue reading