Friends or Foes: The Interrelationship between Angel and Venture Capital Markets
By Thomas F. Hellmann, Veikko Thiele. 2014
167 citations recorded by the source corpus.
Subfields: Accounting, Finance
View Paper: https://www.semanticscholar.org/paper/7908a14f28821e689b96eedadba091b13f39eee6
Citations in the corpus
- The Globalization of Angel Investments: Evidence across Countries (2015, unknown): “See also Hellmann and Thiele (2014).”
- The role of venture capital in the emerging entrepreneurial finance ecosystem: future threats and opportunities (2019, unknown): “…first access the informal investors and then seek equity capital from formal investors, but with the angels remaining in the investee companies, although with a reduced equity holding (Schwienbacher 2009; Bruton, Chahine, and Filatotchev 2009; Chemmanur and Chen 2014; Hellman and Thiele 2015).”
- The evolution of equity crowdfunding: Insights from co-investments of angels and the crowd (2019, unknown): “21 Our study sheds light on this issue and responds to a call for evidence-based research on the interaction between angels and the crowd (Hellmann and Thiele, 2015; Hornuf and Schwienbacher, 2016).”
- A Review and Road Map of Entrepreneurial Equity Financing Research: Venture Capital, Corporate Venture Capital, Angel Investment, Crowdfunding, and Accelerators (2017, unknown): “Hill and Birkinshaw (2014) found success to be dependent on a unit’s ability to build strong relationships internally (i.e., with senior executives as well as business unit managers) and externally (i.e., with independent VC funds). There are also direct relationships between VC firms and CVC firms.”
- Policy for innovative entrepreneurship: Institutions, interventions, and societal challenges (2021, unknown): “Complementing earlier studies examining the implications of GVC investments for both investee firms as well as authorities (Hellmann & Thiele, 2015), Murtinu’s study highlights the advantages of access to information about future policy shifts for new ventures.”
- Private equity investment criteria: An experimental conjoint analysis of venture capital, business angels, and family offices (2019, unknown): “An explanation is that BAs primarily invest in early-stage companies (Hellmann and Thiele, 2015), which involves a comparatively high degree of uncertainty.”