Crowdfunding, cascades and informed investors

  • Parker S
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Do higher proportions of (a) informed investors and (b) high-quality projects increase the number of good projects that are ultimately financed via crowdfunding? A simple model and simulation reveal the answers to both questions to be: 'not necessarily'.

Author-supplied keywords

  • Crowdfunding
  • Entrepreneurial finance
  • New ventures
  • Startups

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  • Simon C. Parker

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