Heukamp, Franz; Liechtenstein, Heinrich; Wakeling, Nick - IESE Business School, Universidad de Navarra - 2006
Venture capitalists in German-speaking countries do not value the contribution of business angels in co-invested deals …. Business angels do not reduce the risk perceived by venture capitalists in early-stage deals, even if the business angels have … what venture capitalists regard as an ideal profile. Venture capitalists also refute that deals with business angels …