We argue two alternative routes that lead entrepreneurial start-ups to acquisition outcomes instead of liquidation. On one hand, acquisitions can come about through the control route with external financers such as venture capitalists (VCs). VCs take control through their board seats along with...

Research in the area of public policy towards entrepreneurial finance has traditionally been focused on financing gaps, and whether or not government programs successfully address market failures for those financing gaps. More recently, a growing literature has identified externalities across...

Equity Crowdfunding Online Portals offer access to investors, resources and fundraising support to numerous equity crowdfunding projects from different industry sectors. In this context, we study investors’ preferences of equity crowdfunding projects in different industries. We present novel...