Information systems development (ISD) requires both business domain and technology domain knowledge. How cross-domain knowledge affects ISD outcomes is one of the most fundamental and persistent problems in the IS field. We argue that the effect of cross-domain knowledge depends on its...

This study examines how crowdfunding (relative to angel investing) influences subsequent venture capital (VC) investments for startups. After addressing the potential endogeneity using a bivariate Probit model with the propensity score matching, we find that crowdfunded startups and angel-backed...