Venture Capital Financing Of U S Uk German And French It Start Ups

Author : Michael Jurgen Garbade
Publisher : GRIN Verlag
Page : 301 pages
File Size : 52,6 Mb
Release : 2011-04
Category : Electronic
ISBN : 9783640893164

Get Book

Differences in Venture Capital Financing of U S , Uk, German and French Information Technology Start-Ups by Michael Jurgen Garbade Pdf

Doctoral Thesis / Dissertation from the year 2011 in the subject Business economics - Investment and Finance, University of Kassel (Research Group Entrepreneurship), language: English, abstract: Independent Venture Capital (IVC) has been paramount in the emergence of the information technology industry in both the United States and Europe. There are relatively few large global information technology companies in Europe. A widening gap is observable in the success rate of IVC backed start-ups between the U.S. and Europe in the information technology industry. This difference could be attributable to the differences in the venture capital financing of start-ups in the U.S., UK, Germany and France. This book deals with "Differences in Venture Capital Financing of U.S., UK, German and French Information Technology Start-ups". The comparative analysis is conducted on a microeconomic level (managerial venture capital research), i.e. on the venture capital firm level. The differences are analyzed for the whole venture capital investment cycle: contact phase, initial screening phase, due diligence phase, deal structuring and negotiation phase, management phase - value adding services, and exit phase. The research framework model examines the following differences in the venture capital investment cycle: average size of investment in the seed stage, average size of investment in the start-up stage, aver-age size of investment in the growth stage, percentage of start-ups in pre-revenue phase at time of investment, percentage of start-ups not managed by founders but experienced managers, percentage of investment in start-ups with me-too products, percentage of mar-ket analysis due diligence done informal, typical liquidation preference multiple, percent-age syndicated exits that are outperformers, number of tranches per investment round, number of board seats per partner and the cash multiple X that defines an outperformer. The empirical research work is based on an extensiv

Author : Michael Jurgen Garbade
Publisher : GRIN Verlag
Page : 300 pages
File Size : 44,7 Mb
Release : 2011-04-14
Category : Business & Economics
ISBN : 9783640893270

Get Book

Venture Capital Financing of U.S., UK, German and French IT Start-ups by Michael Jurgen Garbade Pdf

Doctoral Thesis / Dissertation from the year 2011 in the subject Business economics - Investment and Finance, University of Kassel (Research Group Entrepreneurship), language: English, abstract: Independent Venture Capital (IVC) has been paramount in the emergence of the information technology industry in both the United States and Europe. There are relatively few large global information technology companies in Europe. A widening gap is observable in the success rate of IVC backed start-ups between the U.S. and Europe in the information technology industry. This difference could be attributable to the differences in the venture capital financing of start-ups in the U.S., UK, Germany and France. This book deals with "Differences in Venture Capital Financing of U.S., UK, German and French Information Technology Start-ups". The comparative analysis is conducted on a microeconomic level (managerial venture capital research), i.e. on the venture capital firm level. The differences are analyzed for the whole venture capital investment cycle: contact phase, initial screening phase, due diligence phase, deal structuring and negotiation phase, management phase — value adding services, and exit phase. The research framework model examines the following differences in the venture capital investment cycle: average size of investment in the seed stage, average size of investment in the start-up stage, aver-age size of investment in the growth stage, percentage of start-ups in pre-revenue phase at time of investment, percentage of start-ups not managed by founders but experienced managers, percentage of investment in start-ups with me-too products, percentage of mar-ket analysis due diligence done informal, typical liquidation preference multiple, percent-age syndicated exits that are outperformers, number of tranches per investment round, number of board seats per partner and the cash multiple X that defines an outperformer. The empirical research work is based on an extensive scientific online questionnaire with VCs in the U.S., UK, Germany and France. Before the online questionnaire was drafted, a preliminary face-to-face expert interview was conducted with 24 VCs in Silicon Valley, London, Paris, Hamburg, Berlin and Munich. The primary data collected in the questionnaire served as basis for quantitative parametric and non-parametric statistical analysis. The book is bespokenly written for decision makers in the venture capital industry in the U.S, UK, Germany and France; all entrepreneurs and professionals who want to under-stand the economics and mechanics of venture capital term sheet clauses; venture capital industry professionals; VC associations

Author : Michael Jurgen Garbade
Publisher : Unknown
Page : 50 pages
File Size : 41,7 Mb
Release : 2015
Category : Electronic
ISBN : OCLC:1308738311

Get Book

Differences in Venture Capital Financing of U.S., UK, German and French Information Technology Start-Ups - A Comparative Empirical Research of the Investment Process on the Venture Capital Firm Level by Michael Jurgen Garbade Pdf

Author : Farhad Taghizadeh-hesary,Naoyuki Yoshino,Chul Ju Kim,Peter J Morgan,Daehee Yoon
Publisher : World Scientific
Page : 425 pages
File Size : 43,7 Mb
Release : 2021-08-03
Category : Business & Economics
ISBN : 9789811235832

Get Book

Investment In Startups And Small Business Financing by Farhad Taghizadeh-hesary,Naoyuki Yoshino,Chul Ju Kim,Peter J Morgan,Daehee Yoon Pdf

Successful startups and small businesses can play a significant role in economic growth and job creation. They also contribute to economic dynamism by spurring innovation and injecting competition. Startups are known to introduce new products and services that can create new value in the economy. It is notable that most startups exit within their first ten years, and most surviving young businesses do not grow but remain small. Startups and small businesses face several obstacles to their development. Accessing capital is a crucial constraint on their growth. Most startups and small businesses have difficulties getting the funds they need because of their lack of a performance track record and lack of collateral, making it difficult for lenders or investors to assess their risk. Besides, they are in the early stages of development and face a very high possibility of failure, which significantly raises financing and investment risk.Investment in Startups and Small Business Financing provides 12 thematic and case studies on new methods for bringing private investment (loans or equity) to startups and easing small businesses' access to finance (debt and capital). The contributors are senior-level policy experts and researchers from governments, think tanks, academia, and international organizations. The chapters are authored in a policy-oriented way to be understandable for the readers with a different background. This book is a precious source for the governments for adopting the right policies to develop small businesses and startups and valuable for the researchers in economics, business, and finance.

Author : OECD
Publisher : OECD Publishing
Page : 268 pages
File Size : 46,5 Mb
Release : 2015-10-14
Category : Electronic
ISBN : 9789264239814

Get Book

The Innovation Imperative Contributing to Productivity, Growth and Well-Being by OECD Pdf

Well-timed and targeted innovation boosts productivity, increases economic growth and helps solve societal problems. But how can governments encourage more people to innovate more of the time? And how can government itself be more innovative? The OECD Innovation Strategy provides a set of ...

Author : Anders Åslund,Simeon Djankov
Publisher : Oxford University Press
Page : 233 pages
File Size : 41,6 Mb
Release : 2017
Category : Business & Economics
ISBN : 9780190499204

Get Book

Europe's Growth Challenge by Anders Åslund,Simeon Djankov Pdf

A cogent and systematic look at the ways in which enacting fiscal and governmental policy changes might reinvigorate Europe's stagnant economy.

Author : Rebecca Harding,William E. Paterson
Publisher : Manchester University Press
Page : 164 pages
File Size : 52,6 Mb
Release : 2000
Category : Business & Economics
ISBN : 0719060109

Get Book

The Future of the German Economy by Rebecca Harding,William E. Paterson Pdf

Flagships of Imperialism is the first scholarly monograph on the history of the P&O shipping company, and the first history of P&O to pay due attention to the context of nineteenth century imperial politics which so significantly shaped the company's development. Based chiefly on unpublished material from the P&O archives and the National Archives, and on contemporary official publications, the book covers the crucial period from the company's origins to 1867. After presenting new findings about the company's origins in the Irish transport industry, the book charts the extension of the founders' interests from the Iberian peninsula to the Mediterranean, India, China and Australia. In so doing it deals with the development of the necessary financial infrastructure for P&O's operations; the founders' attitudes to technical advances; the shareholding base; the company's involvement in the opium trade, and with its acquisition of mail, Admiralty and other government contracts. It was the P&O's status as a government contractor which, above all else, implicated its fortunes in the wider politics of empire, as illustrated by the book's concluding account of the company's rescue from the edge of a financial precipice by the award of a new government mail contract prompted, among other things, by the Abyssinian expedition of 1867. Flagships of Imperialism will be of interest to transport and company historians and to historians of the British empire alike, as well as to anyone interested in the history of British ships and shipping in the nineteenth century.

Author : OECD
Publisher : OECD Publishing
Page : 480 pages
File Size : 46,8 Mb
Release : 2014-11-12
Category : Electronic
ISBN : 9789264222281

Get Book

OECD Science, Technology and Industry Outlook 2014 by OECD Pdf

The OECD Science, Technology and Industry Outlook 2014 reviews key trends in science, technology and innovation (STI) policies, and performance in more than 45 economies, including OECD countries and major emerging economies.

Author : Jens Ortgiese
Publisher : Josef Eul Verlag GmbH
Page : 368 pages
File Size : 49,6 Mb
Release : 2007
Category : Venture capital
ISBN : 9783899366211

Get Book

Value Added by Venture Capital Firms by Jens Ortgiese Pdf

Author : Paul J.J. Welfens
Publisher : Springer Science & Business Media
Page : 161 pages
File Size : 52,6 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9783642569135

Get Book

European Monetary Union and Exchange Rate Dynamics by Paul J.J. Welfens Pdf

The creation of the European Central Bank and the Euro have brought new challenges to EU integration and economic policy. This book looks into issues of monetary and factor market policies. The analysis presents new theoretical and empirical research on the current decline of the Euro. Issues regarding exchange rate policies and international economic relations are also addressed.

Author : Gregor Dorfleitner,Lars Hornuf,Matthias Schmitt,Martina Weber
Publisher : Springer
Page : 121 pages
File Size : 45,5 Mb
Release : 2017-03-17
Category : Business & Economics
ISBN : 9783319546667

Get Book

FinTech in Germany by Gregor Dorfleitner,Lars Hornuf,Matthias Schmitt,Martina Weber Pdf

This book focuses on market developments of crowdfunding, crowdinvesting, crowdlending, social trading, robo-advice, personal financial management, online payment and mobile payment in Germany. FinTech companies are an important driver of innovation in the financial industry. By making financial transactions more user-friendly and transparent, these firms potentially contribute to financial stability and economic growth. The authors define and categorize the different market segments that have emerged. They further provide an assessment of current market volumes and make forecasts for the next 5, 10 and 20 years. Particular attention is given to the empirical findings resulting from scholarly research. Furthermore, the authors evaluate how the German FinTech market ranks relative to international standards. This book will appeal to finance and entrepreneurship researchers as well as practitioners from banking and tech industries. “This book offers a fresh and fascinating look at the FinTech market. The authors provide a rigorous economic analysis of the FinTech market in Germany and offer many insights that are of interest to practitioners, academics, and policymakers alike.” –Professor Douglas Cumming, Schulich School of Business “Germany is one of the fastest growing FinTech markets in Europe. This book not only provides a comprehensive and systematic overview on the developments and actors, but undertakes a visionary outlook on the forthcoming decades based on scientific methods.” –Dr. Thomas Puschmann, Head of Swiss FinTech Innovation Lab

Author : Zafar Anjum
Publisher : Random House India
Page : 311 pages
File Size : 44,8 Mb
Release : 2014-12-15
Category : Business & Economics
ISBN : 9788184006766

Get Book

Startup Capitals by Zafar Anjum Pdf

As the Internet has matured in technology and reach, we have seen an explosion in tech startups all over the world. Not only are some of these startups changing the world and how we live in it, they are also proving to be the engines of job creation—an aspect that will be critical in the future. To support these startups, new ecosystems are popping up all over the globe to help grow these companies, aided by governments, successful entrepreneurs, and venture capitalists. In Startup Capitals, Zafar Anjum brings you a ringside view from the world’s top ten startup cities of the world. Well-researched and highly insightful, this book lays bare the engines of innovation and the lessons that can be learnt from these burgeoning startup capitals.

Author : Francesca Tenca,Vincenzo Buttice,Massimo Gaetano Colombo,Annalisa Croce,Massimiliano Guerini,Giancarlo Giudici
Publisher : World Scientific
Page : 165 pages
File Size : 42,6 Mb
Release : 2020-08-20
Category : Business & Economics
ISBN : 9789811221996

Get Book

Entrepreneurial Finance: A Definitive Guide by Francesca Tenca,Vincenzo Buttice,Massimo Gaetano Colombo,Annalisa Croce,Massimiliano Guerini,Giancarlo Giudici Pdf

This book synthesises current knowledge on entrepreneurial finance. It provides a comprehensive and up-to-date overview of the state-of-the-art in entrepreneurial finance, with a focus on its ecosystem and main players. It analyses different channels of funding for young and growing ventures, namely debt financing, venture capital, business angels, and new forms of alternative finance, highlighting their advantages and disadvantages from an entrepreneur's perspective. It further discusses the characteristics of financial markets in entrepreneurial finance, examining financial gaps and public policies.This book is ideal for students in entrepreneurship, innovation, finance and business at the graduate and post-graduate levels. Entrepreneurs and policymakers interested in financial issues related to start-ups and new ventures will also find this book interesting.

Author : Anonim
Publisher : IICA
Page : 144 pages
File Size : 55,5 Mb
Release : 2024-07-01
Category : Electronic
ISBN : 8210379456XXX

Get Book

The Development of Policies for the Development of Agrobiotechnologies in IICA Member Countries by Anonim Pdf

Author : Cordelia Friesendorf,Navid J. Mir Haschemi
Publisher : Springer Nature
Page : 116 pages
File Size : 42,6 Mb
Release : 2023-07-04
Category : Business & Economics
ISBN : 9783031337086

Get Book

Private Equity in Germany by Cordelia Friesendorf,Navid J. Mir Haschemi Pdf

Start-ups are emerging, non-conventional enterprises that enter established markets with radically different products, displace incumbents, create new markets, and promote economic growth through innovation. Start-ups are often faced with many challenges that may threaten their survival, which can often be overcome by securing steady financial support. Start-ups are high-risk enterprises that are unattractive to conventional financiers, but absolutely suited to private equity (PE) and venture capital (VC) investors who seek rewards and are therefore willing to accept risk. The success stories of global digital platform start-ups have attracted PE investors in particular. When investing in a digital platform start-up in Germany, what criteria do PE and VC investors look for? How should entrepreneurs prepare for VC funding? What strategies should they use? The authors examine these questions in this book and provide a comprehensive analysis of the German start-up, digital platform, PE, and VC ecosystems. The book exposes entrepreneurs, investors, mergers and acquisitions experts, regulators and policy-makers to the market's workings and pain points so that they can help create a German start-up ecosystem that is as functional as the other organized industries.