Arbeitspapier

Entrepreneurial spawning: Experience, education, and exit

We investigate the career dynamics of high-tech entrepreneurs by analyzing the exit choice of entrepreneurs: to act as a business angel, to found another firm, or to become dependently employed. Our detailed data from CrunchBase indicate that founders are more likely to stick with entrepreneurship as a serial entrepreneur or as an angel investor in cases where the founder had prior experience either in founding other startups or working for a startup, or had a 'jack-of-all-trades' education.

Language
Englisch

Bibliographic citation
Series: SAFE Working Paper ; No. 122 [rev.]

Classification
Wirtschaft
Investment Banking; Venture Capital; Brokerage; Ratings and Ratings Agencies
Mergers; Acquisitions; Restructuring; Voting; Proxy Contests; Corporate Governance
Entrepreneurship
Subject
venture governance
entrepreneurship
entrepreneurial spawning
angel finance
venture capital
exit

Event
Geistige Schöpfung
(who)
Cumming, Douglas
Walz, Uwe
Werth, Jochen Christian
Event
Veröffentlichung
(who)
Goethe University Frankfurt, SAFE - Sustainable Architecture for Finance in Europe
(where)
Frankfurt a. M.
(when)
2016

DOI
doi:10.2139/ssrn.2715366
Handle
URN
urn:nbn:de:hebis:30:3-392990
Last update
10.03.2025, 11:43 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Cumming, Douglas
  • Walz, Uwe
  • Werth, Jochen Christian
  • Goethe University Frankfurt, SAFE - Sustainable Architecture for Finance in Europe

Time of origin

  • 2016

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