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Venture capitalists' decision criteria in new venture evalua
What criteria do venture capitalists use to make venture investment decisions? The criteria venture capitalists use to make their venture investment decisions are of interest for several reasons. First, venture capitalists are conspicuously successful in their investment decisions. The success rate...
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| Format: | Article |
| Language: | English |
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1993
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| LEADER | 01527nab a22001217a 4500 | ||
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| 008 | 160615b1993 xxu||||| |||| 00| 0 eng d | ||
| 100 | |a Hall, John | ||
| 245 | |a Venture capitalists' decision criteria in new venture evalua |c Hall, John. | ||
| 260 | |c 1993 | ||
| 300 | |a 25 - 42 | ||
| 520 | |a What criteria do venture capitalists use to make venture investment decisions? The criteria venture capitalists use to make their venture investment decisions are of interest for several reasons. First, venture capitalists are conspicuously successful in their investment decisions. The success rate of venture capital-backed ventures is significantly higher than the success rate of new ventures generally (Dorsey 1979: Davis and Stetson 1984). A better understanding of the criteria used could lead to a better understanding of the reasons for this success. Second, a better understanding of the criteria for successful new ventures could lead to an improvement in the success rate of new ventures. Although there is no clear agreement on the precise rate, the failure rate among new ventures is generally viewed as significantly higher than the average failure rate (Dun and Bradstreet 1984; Van de Ven 1980; Shapero 1981). Finally, venture capitalists' investment criteria are of enormous import to entrepreneurs seeking venture funding. Such entrepreneurs require a significant infusion of capital in order to grow their businesses, and knowledge of the criteria sought by venture... | ||
| 773 | |a Journal of Business Venturing |d Jan | ||
| 999 | |c 43862 |d 43862 | ||