Challenges in Bootstrapping a Start-Up Venture: Keenga Research Turning the Tables on Venture Capitalists

Venture Capitalists and Cooperative Start-up Commercialization Strategy

T paper examines the possible impact of venture capital (VC) backing on the commercialization direction of technology-based start-ups by asking: To what extent (if at all) do VC-funded start-ups engage in cooperative commercialization strategies (strategic alliances or technology licensing, or both) relative to a comparable set of start-ups, and with what consequences? To address these question...

Challenges facing venture capitalists in developing economies

Do Venture Capitalists Affect Commercialization Strategies at Start-ups?

I empirically study the effect of venture capital (VC) on product development and commercialization strategy of start-up organizations. In doing so, I segment entrant commercialization strategies into two camps according to competitive effect: to “cooperate” is to license-out technology or be acquired, while to “compete” is to develop technology independently. Building on the work of Gans, Hsu,...

Venture Capitalists, Monitoring and Advising

Venture capitalists are widely regarded as financial intermediaries who provide not just financing, but also advice and monitoring. This view rests on solid empirical foundations: according to Gorman and Sahlman (1989), for example, lead venture investors visit each portfolio company an average of 19 times per year, and spend 100 hours in direct contact (on site or by phone) with the company. V...

Investment Criteria of Singapore Venture Capitalists

Venture capital industry in Singapore is of recent origin. However, funds under management in Singapore have grown from S$ 45 million in 1983 to S$ 7300 million in 1995. These developments together with the recent announcement of government’s vision of Singapore becoming a hub for venture capital in the region, provides an opportunity for an examination of the venture capital industry in Singap...