Do business angels alter the risk-return equation in early stage investments? Business angels as seen by venture capitalists in the German speaking countries

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Heukamp, Franz; Liechtenstein, Heinrich; Wakeling, Nick;
(2006)
  • Subject: Venture capital; Business Angels;
    acm: GeneralLiterature_MISCELLANEOUS | ComputingMilieux_MISCELLANEOUS

Venture capitalists in German-speaking countries do not value the contribution of business angels in co-invested deals. Business angels do not reduce the risk perceived by venture capitalists in early-stage deals, even if the business angels have what venture capitalist... View more
  • References (22)
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