Equity financing strategy boosts growth for early-stage high-tech enterprises.
High-tech companies need money to grow, and they often get it by selling part of their ownership to investors. A study looked at how these companies decide how much money to raise, when to do it, and how to control their business while getting the money they need. By balancing the amount of money they need with the risks involved, the study suggests ways for high-tech companies in China to raise money successfully.