# Early round funding

`kaal:entity:early-round-funding`

**Status.** derived

This node is assembled mechanically from the 5 claims that carry the concept tag `early-round-funding`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself.

## Every claim under this term

5 claims across 1 works, 2021 to 2021.

**2021**

- [3962614-002](https://wulfkaal.github.io/claims/3962614-002) [predictive/asserted] -- Decentralized reputation governance models in venture capital have the potential to upgrade the venture capital market.
  > This article shows that decentralized reputation governance models in venture capital have the potential to upgrade the venture capital market.
  Wulf A. Kaal, REPUTATION AS CAPITAL – How Decentralized Autonomous Organizations Address Shortcomings in the Ventu (2021). SSRN: https://ssrn.com/abstract=3962614
- [3962614-015](https://wulfkaal.github.io/claims/3962614-015) [condition/asserted] -- As a rule of thumb in early investment rounds, the lower the information asymmetry the lower the payout, and below a certain threshold of established value venture capitalists will rarely invest at all.
  > As a rule of thumb in the early investment rounds, the lower the information asymmetry, the lower the payout. Below a certain threshold of established value, VCs will rarely invest.
  Wulf A. Kaal, REPUTATION AS CAPITAL – How Decentralized Autonomous Organizations Address Shortcomings in the Ventu (2021). SSRN: https://ssrn.com/abstract=3962614
- [3962614-016](https://wulfkaal.github.io/claims/3962614-016) [mechanism/evidenced] -- Alternative early round funding methods matter because they get entrepreneurs over the VC investment threshold or help them bypass the VC model completely.
  > These alternative funding methods are important to get entrepreneurs over the VC investment threshold, or to help entrepreneurs completely bypass of the VC model.
  Wulf A. Kaal, REPUTATION AS CAPITAL – How Decentralized Autonomous Organizations Address Shortcomings in the Ventu (2021). SSRN: https://ssrn.com/abstract=3962614
- [3962614-020](https://wulfkaal.github.io/claims/3962614-020) [failure/argued] *(failure mode)* -- Alternative early round funding mechanisms are not necessarily more successful than VCs in early round technology investing, because they tend to act out of intuition and personal experience whereas VCs use a primarily data driven approach to investment decisions and portfolio company evaluation.
  > Whereas alternative early round funding mechanisms often tend to act out of intuition and personal experience, VC typically use a primarily data driven approach to investment decisions and portfolio company evaluation and supervision.
  Wulf A. Kaal, REPUTATION AS CAPITAL – How Decentralized Autonomous Organizations Address Shortcomings in the Ventu (2021). SSRN: https://ssrn.com/abstract=3962614
- [3962614-021](https://wulfkaal.github.io/claims/3962614-021) [failure/evidenced] *(failure mode)* -- Alternative early round funding methods frequently fail to provide adequate funding to fully launch a new company, and a significant number of tech startups that rely exclusively on these methods fail.
  > these methods frequently fail to provide adequate funding to fully launch a new company. A significant number of tech startups that rely exclusively on these methods fail.
  Wulf A. Kaal, REPUTATION AS CAPITAL – How Decentralized Autonomous Organizations Address Shortcomings in the Ventu (2021). SSRN: https://ssrn.com/abstract=3962614

## Verify

Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust.

    curl -s https://wulfkaal.github.io/entities/early-round-funding.md | sha256sum

**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.