Business, Management and Accounting
4 years ago

Ventures in VC-poor states more likely to relocate for funding success.

Relocation to Get Venture Capital: A Resource Dependence Perspective
Sofie De Prijcker, Sophie Manigart, Veroniek Collewaert, Tom Vanacker

Paper Summary

Ventures in states with less venture capital are more likely to move to California or Massachusetts. Ventures that relocate to these states have a higher chance of getting initial venture capital.

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