Success Factors of Venture Capital Investment by an Example of the US Automotive Industry

Student: Kalugin Dmitrii

Educational Programme: Strategic Corporate Finance (Master)

Final Grade: 9

Year of Graduation: 2019

The purpose of this study has both theoretical and practical significance. We ask ourselves a simple question: what factors should an investor pay attention to when investing in an early-stage company? The results of our research show that the main determinants of a company's success are an entrepreneurial experience of the CEO, the relevant industrial experience of the founders and the number of founders. These factors also have a positive effect on the total funding amount of a company. Moreover, companies with at least one founder with an MBA tend to raise more funds. We also traced the development of companies and concluded that appearance in media has a positive effect on the development of the company.

Full text (added May 27, 2019)

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