kaal:claim:3962614-004

Early stage funding fell from thirty five to twenty seven percent of total VC funding as venture capitalists increasingly focused on funding later stage companies.

Early-stage funding fell from thirty-five to twenty seven percent of total VC funding as VCs increasingly focus on funding later-stage companies.

Wulf A. Kaal, REPUTATION AS CAPITAL – How Decentralized Autonomous Organizations Address Shortcomings in the Ventu (2021), II.1.a) Liquidity - Capital Calls and Raising Capital, p. 6
https://ssrn.com/abstract=3962614 · source PDF

Wulf A. Kaal, REPUTATION AS CAPITAL – How Decentralized Autonomous Organizations Address Shortcomings in the Ventu (2021). SSRN: https://ssrn.com/abstract=3962614

empiricalsupport: evidencedinnovationeconomics

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