Do entrepreneurial ventures that adopt open business model (i.e., ?Open source?) obtain a different quality of VC financing, and receive a different level of VC governance and monitoring post investment? We conduct the analysis on a sample of 514 software entrepreneurial ventures that received VC funding in 6,555 different deals extracted from VentureXpert. The data indicate entrepreneurial ventures with open business model receive funding from VCs that are more highly industry-specialized; more experienced, had greater IPO success, raised more capital and are more connected in syndication network. Also, they are monitored more intensively through more frequent staged investment rounds.

Community Collaboration and Venture Capital Finance

COLOMBO, MASSIMO GAETANO;MOHAMMADI, ALI;ROSSI, CRISTINA;
2013-01-01

Abstract

Do entrepreneurial ventures that adopt open business model (i.e., ?Open source?) obtain a different quality of VC financing, and receive a different level of VC governance and monitoring post investment? We conduct the analysis on a sample of 514 software entrepreneurial ventures that received VC funding in 6,555 different deals extracted from VentureXpert. The data indicate entrepreneurial ventures with open business model receive funding from VCs that are more highly industry-specialized; more experienced, had greater IPO success, raised more capital and are more connected in syndication network. Also, they are monitored more intensively through more frequent staged investment rounds.
2013
35th DRUID Celebration Conference 2013
Entrepreneurial Finance; Open business model; Venture Capital; Open Source Software
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11311/733777
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