The Role of Angels in Technology SMEs: A Link to Venture Capital

By J. Madill, George H. Haines, Jr., A. Riding. 2005

160 citations recorded by the source corpus.

Subfields: Accounting, Management Information Systems

View Paper: https://www.semanticscholar.org/paper/428a1ed685a7de141ca91499279da8677576e53b

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Citations in the corpus

Trust Between Entrepreneurs and Angel Investors (2014, background): “…angel involvement improves their portfolio companies’ IPO firm performance (Bruton, Filatotchev, Chahine, & Wright, 2010), chances of attracting future venture capital financing (Madill et al., 2005), and their operations (e.g., employment, patents) and survival (Kerr, Lerner, & Schoar, in press).”
Business angels and value added: what do we know and where do we go? (2008, background): “This link to further finance is evident also in Madill, Haines, and Riding (2005) who in a study of Canadian technologybased firms who had received investments from business angels report that these investors helped the firms to become ‘investment ready’ for future rounds of investment from venture…”
Towards a model of the business angel investment process (2007, background): “Post-investment, evidence suggests that angels monitor their investments with the majority taking a hands-on role in the business using their commercial skills and experience to add value over and above their financial investment (Harrison and Mason, 1992; Freear et al., 1995; Madill et al., 2005).”
What signals matter for social startups? It depends: The influence of gender role congruity on social impact accelerator selection decisions (2019, background): “16 venture has already passed a rigorous financial analysis validating the viability and sustainability of its business model (Madill et al., 2005; Stuart et al., 1999).”
Informal Sources of Venture Finance (2006, background): “…during the post- 2000 technology downturn.9 The importance of business angels in providing a deal flow for venture capital funds is highlighted by Madill et al (2005) who note that 57% of technology firms in Ottawa who had received funding from angels went on to raise institutional venture…”