Graduation Year
2019
Date of Submission
4-2019
Document Type
Open Access Senior Thesis
Degree Name
Bachelor of Arts
Department
Economics
Reader 1
Janet Smith
Abstract
In this paper, I analyze how firm attributes such as their age, industry, nature of industry, spinoff status and debt ratio influence venture-capital financing decision. I look at a sample of 280 firms that went public in the United States between 2015- 2019. This paper finds that firm age and debt are negatively related to the likelihood of being venture-capital backed. It also finds that firms in technology and biotechnology industries are more likely to be backed by a venture-capitalist.
Recommended Citation
Prasad, Raghav, "Deal Or No Deal: The Relationship Between Firm Determinants & Venture-Capital Financing Decisions" (2019). CMC Senior Theses. 2233.
https://scholarship.claremont.edu/cmc_theses/2233
Included in
Entrepreneurial and Small Business Operations Commons, Finance and Financial Management Commons
