One seemingly bizarre question highlights an important point about how luck affects investing in startups. Learn more after the jump.
Scott Shane is A. Malachi Mixon III, Professor of Entrepreneurial Studies at Case Western Reserve University. He is the author of nine books, including:
He is the Editor of the Small Business Research Center at Small Business Trends.
He is also a member of the Northcoast Angel Fund in the Cleveland area. You can reach him at Scott “dot” shane “at” Case “dot” edu.
Is investing in accelerator funds better than joining an angel group? Here's three reasons why the answer to that question is yes.May 18, 2017 170 Shares
The typical angel portfolio has 7 companies, too small to ensure an acceptable financial return at minimal risk. Here's why angels have small portfolios.May 15, 2017 275 Shares
Why do convertible notes beat SAFE? There are several important differences between the two, which make the former a better choice for most angels.May 8, 2017 183 Shares
We take a look at why faculty angel investors tend to focus on investing in ventures that emerged from their institutions.May 4, 2017 131 Shares
Entrepreneurial artists are finding the ability to grow and expand thanks to art business incubators like the one at Cleveland Flea.May 1, 2017 213 Shares
One major change in the economy over the past two decades has been the rise of the online platform economy that facilitate peer-to-peer transactions.Apr 24, 2017 182 Shares
One of the most common questions would-be angel investors ask is, "What's best stage for angels to invest?" Several start-up investors suggested this one.Apr 20, 2017 261 Shares
United has certainly learned an important economics lesson. Instead of forcing market choice, they should have relied on the power of markets.Apr 17, 2017 180 Shares
The gig economy is growing stronger but what's behind the surge?Apr 11, 2017 235 Shares
While the valuations of companies at the Series A stage or later have risen, the pre-seed stage valuations of companies have fallen. Here's why this may be.Apr 6, 2017 233 Shares
In recent years, further declines in the cost of bringing new software products to market has wrought three changes in pre-seed funding.Apr 3, 2017 195 Shares