Is it worth it? The rates of return from informal venture capital investments

By Colin Mason, Richard T. Harrison. 2002

299 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/fcdece2755ca51c8449434bcba308c7480e0a2fe

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Citations in the corpus

Social trust and angel investors' decisions: a multilevel analysis across nations (2015, background): “Limited personal financial capabilities and access to venture capital make more and more entrepreneurs turn to informal investors for funding to finance new ventures (Duxbury et al., 1996; Mason and Harrison, 2002; Prowse, 1998).”
What Drives Micro-Angel Investments? (2005, background): “First, informal investments are typically considerably riskier than most other investment categories ( Mason and Harrison, 2002b ).”
The impact of venture capital financing method on SME performance and internationalization (2011, background): “From the perspective of the Venture Capitalist and without taking into account return volatilities, Mason and Harrison (2002) benchmark investment performance by business angels compared to those achieved by venture capital managers.”
Does Gender Matter? Women Business Angels and the Supply of Entrepreneurial Finance (2007, background): “This is a higher loss rate than that reported in previous studies of exits (Lumme, Mason, & Suomi, 1998; Mason & Harrison, 2002).”
Business angels and value added: what do we know and where do we go? (2008, background): “Mason and Harrison 2002 ; Chahine, Filatotchev, and Wright 2007 ).”
What matters, matters differently: a conjoint analysis of the decision policies of angel and venture capital investors (2014, background): “Indeed, prior research suggests that angel investors might actually stay with an underperforming firm longer than VCs (Mason and Harrison 2002) partly for altruistic reasons.”
Investment practices and outcomesof informal venture investors (2005, methodology): “…key factors from formal venture capital that may also be important for angel investing; (ii) evaluating these ideas with the results of a national study of US angel investors; and (iii) looking specifically at these results in combination with those reported by Mason and Harrison (2002) for the UK.”
Information asymmetries, agency costs and venture capital exit outcomes (2008, unknown): “See Lockett and Wright (2001), Wright and Lockett (2003), Manigart et al. (2000a, 2000b), Mason and Harrison (2002), Sapienza (1992), Sapienza, Manigart, and Vermeir (1996).”
Informal Sources of Venture Finance (2006, background): “First, most business angels have further funds available to invest (Coveney and Moore, 1998; Mason and Harrison, 1994; 2002a) but cannot identify appropriate investment opportunities.”
The Relationship between Slack Resources and the Performance of Entrepreneurial Firms: The Role of Venture Capital and Angel Investors (2013, unknown): “Contrary to VC investors, angels conduct investments both for their return potential and for personal motives, such as fun and gaining prestige in the entrepreneurial community (Mason and Harrison, 2002).”
Venture capital market complementarities: The links between business angels and venture capital funds in the United Kingdom (2000, background): “…here in the experiences of venture capitalists and of business angels: recent research on the rates of return on business angel investment suggests that syndicated/co-investment involving venture capitalists (and others) are associated with higher rates of return (Mason and Harrison 2001).”