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Impact of Angel Financing on High-Tech Start-Ups by riyad.soufiane10 is a document available to read on EtoBox.
This paper examines the impact of angel financing on the performance of high-tech start-ups, focusing on the experience and investment behavior of business angels (BAs). The study finds that BAs with early-stage investment experience positively influence follow-on financing and success rates, while co-localization of BAs and start-ups enhances the attraction of venture capital. Additionally, combining BA and VC financing leads to greater funding amounts and improved success likelihood for start-ups.
- Author
- riyad.soufiane10
- Language
- EN