Startup success in raising venture capital: a panel analysis for Brazil, Canada and Australia

Authors

  • Helberte João França Almeida Professor, Dr. Universidade Federal de Santa Catarina
  • Eduardo Pires Almeida
  • Rafael Jasper Feltrin Universidade Federal de Santa Catarina
  • Adilson Giovanini Universidade Do Estado de Santa Catarina

DOI:

https://doi.org/10.31501/rbee.v24i1.14974

Abstract

Based on the growth of technology companies such as Google, Apple and Microsoft, investments in venture capital have increased. Their success encourages investors to invest capital in smaller companies, but which have growth potential. The present study seeks to evaluate the survival of companies that receive individual or multiple investments, based on CrunchBase data, for  Australia, Brazil and Canada in the period from 1990 to 2019. The results show that in the initial rounds, individual investment predominates. The regressions show the positive contribution of coinvestment both in the initial rounds and in the advanced stages of investment.

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Author Biographies

Eduardo Pires Almeida

Universidade Federal de Santa Catarina

Rafael Jasper Feltrin, Universidade Federal de Santa Catarina

Mestre em Economia, Programa de Pós Graduação em Economia, PPGECO- UFSC

Adilson Giovanini, Universidade Do Estado de Santa Catarina

Professor da Universidade do Estado de Santa Catarina, UDESC

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Published

2024-11-25

Issue

Vol. 24 No. 1 (2024)

Section

Artigos

License

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