메뉴 건너뛰기




Volumn , Issue , 2012, Pages

Angel Investors and Their Investments

Author keywords

Angel investors; Expected returns; Financial parameters; Good deal; Investment process; Venture capitalists

Indexed keywords


EID: 84908222584     PISSN: None     EISSN: None     Source Type: Book    
DOI: 10.1093/oxfordhb/9780195391244.013.0014     Document Type: Chapter
Times cited : (12)

References (50)
  • 1
    • 0000774020 scopus 로고
    • Decision Making and Decision Theory
    • G. Lindzey and E. Aronson, eds., 3rd ed. New York: Random House
    • Abelson, R. P., and A. Levi. 1985. "Decision Making and Decision Theory." In G. Lindzey and E. Aronson, eds., The Handbook of Social Psychology. 3rd ed. New York: Random House.
    • (1985) The Handbook of Social Psychology
    • Abelson, R.P.1    Levi, A.2
  • 2
    • 84923255693 scopus 로고    scopus 로고
    • no longer active, Visited April, 11, 2009
    • Active Capital. 2009. http://www.activecapital.org/investors_sr.html (no longer active). Visited April 11, 2009.
    • (2009)
  • 3
    • 84908233891 scopus 로고    scopus 로고
    • Exit Choices of Venture-Backed Firms: IPO v. Acquisition
    • Working Paper, Oracle Corporation, Claremont Graduate University Drucker-Ito School of Management; California State University, Northridge; University of California, Riverside, Anderson Graduate School of Management
    • Ball, Eric, Hsin-Hui Chiu, and Richard Smith. 2008. "Exit Choices of Venture-Backed Firms: IPO v. Acquisition." Working Paper, Oracle Corporation, Claremont Graduate University Drucker-Ito School of Management; California State University, Northridge; University of California, Riverside, Anderson Graduate School of Management.
    • (2008)
    • Ball, E.1    Chiu, H.-H.2    Smith, R.3
  • 5
    • 84923265219 scopus 로고    scopus 로고
    • For Love or Money? A Study of Financial Returns on Informal Investments in Businesses Owned by Relatives, Friends, and Strangers
    • Babson College Entrepreneurship Research Paper No. 2008-09. Wellesley, Mass
    • Bygrave, William D., and Stephen Hunt. 2008. "For Love or Money? A Study of Financial Returns on Informal Investments in Businesses Owned by Relatives, Friends, and Strangers." Babson College Entrepreneurship Research Paper No. 2008-09. Wellesley, Mass.
    • (2008)
    • Bygrave, W.D.1    Hunt, S.2
  • 6
    • 43549122620 scopus 로고    scopus 로고
    • Beyond Markowitz: A Comprehensive Wealth Allocation Framework for Individual Investors
    • Spring
    • Chhabra, Ashvin B. 2005. "Beyond Markowitz: A Comprehensive Wealth Allocation Framework for Individual Investors." Journal of Wealth Management, Spring, 8-34.
    • (2005) Journal of Wealth Management , pp. 8-34
    • Chhabra, A.B.1
  • 7
    • 11044231189 scopus 로고    scopus 로고
    • The Risk and Return of Venture Capital
    • January
    • Cochrane, John H. 2005. "The Risk and Return of Venture Capital." Journal of Financial Economics 75 (January), 3-52.
    • (2005) Journal of Financial Economics , vol.75 , pp. 3-52
    • Cochrane, J.H.1
  • 9
    • 52449132640 scopus 로고    scopus 로고
    • Contracts and Exits in Venture Capital Finance
    • Cumming, Douglas. 2008. "Contracts and Exits in Venture Capital Finance." Review of Financial Studies 21:5, 1947-1982.
    • (2008) Review of Financial Studies , vol.21 , Issue.5 , pp. 1947-1982
    • Cumming, D.1
  • 10
    • 77951854660 scopus 로고    scopus 로고
    • Private Equity Returns and Disclosure around the World
    • Cumming, Douglas J., and Uwe Walz. 2010. "Private Equity Returns and Disclosure around the World." Journal of International Business Studies 41(4), 727-754.
    • (2010) Journal of International Business Studies , vol.41 , Issue.4 , pp. 727-754
    • Cumming, D.J.1    Walz, U.2
  • 11
    • 77955929046 scopus 로고    scopus 로고
    • High Rate of Start-ups Reveals Weaknesses
    • Report, American Institute for Economic Research
    • DeGennaro, Ramon P. 2009. "High Rate of Start-ups Reveals Weaknesses." Report, American Institute for Economic Research. http://www.aier.org/research/commentaries/1812-high-rate-of-start-ups-reveals-weaknesses.
    • (2009)
    • DeGennaro, R.P.1
  • 12
    • 77955960323 scopus 로고    scopus 로고
    • Angel Investors: Who They Are and What They Do. Can I Be One, Too?
    • DeGennaro, Ramon P. 2010. "Angel Investors: Who They Are and What They Do. Can I Be One, Too?" Journal of Wealth Management 13(2), 55-60.
    • (2010) Journal of Wealth Management , vol.13 , Issue.2 , pp. 55-60
    • DeGennaro, R.P.1
  • 13
    • 84908235047 scopus 로고    scopus 로고
    • Expected Returns to Stock Investments by Angel Investors in Groups
    • Working Paper
    • DeGennaro, Ramon P., and Gerald P. Dwyer. 2010. "Expected Returns to Stock Investments by Angel Investors in Groups." Working Paper, http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1360817.
    • (2010)
    • DeGennaro, R.P.1    Dwyer, G.P.2
  • 14
    • 0000806744 scopus 로고
    • Agency Problems and the Theory of the Firm
    • April
    • Fama, Eugene F. 1980. "Agency Problems and the Theory of the Firm." Journal of Political Economy 88 (April): 288-307.
    • (1980) Journal of Political Economy , vol.88 , pp. 288-307
    • Fama, E.F.1
  • 15
    • 0002713388 scopus 로고
    • Angels: Personal Investors in the Venture Capital Market
    • FundingPost.com. December 8, 2008.
    • Freear, J., J. Sohl, and W. Wetzel. 1995. "Angels: Personal Investors in the Venture Capital Market." Entrepreneurship & Regional Development 7, 85-94. FundingPost.com. December 8, 2008. http://www.fundingpost.com/angelgroup/angel-group-profile.asp?fund=86.
    • (1995) Entrepreneurship & Regional Development , vol.7 , pp. 85-94
    • Freear, J.1    Sohl, J.2    Wetzel, W.3
  • 17
    • 66049119285 scopus 로고    scopus 로고
    • Does Angel Participation Matter? An Analysis of Early Venture Financing
    • University of Maryland Working Paper. October 9
    • Goldfarb, Brent, Gerard Hoberg, David Kirsch, and Alexander Triantis. 2008. "Does Angel Participation Matter? An Analysis of Early Venture Financing." University of Maryland Working Paper. October 9.
    • (2008)
    • Goldfarb, B.1    Hoberg, G.2    David, Kirsch3    Triantis, A.4
  • 18
    • 84993858218 scopus 로고
    • Optimal Investment, Monitoring, and the Staging of Venture Capital
    • Gompers, Paul A. 1995. "Optimal Investment, Monitoring, and the Staging of Venture Capital." Journal of Finance 50, 1461-1489.
    • (1995) Journal of Finance , vol.50 , pp. 1461-1489
    • Gompers, P.A.1
  • 20
    • 57249105542 scopus 로고    scopus 로고
    • The (Not So) Puzzling Behavior of Angel Investors
    • Ibrahim, Darian M. 2008. "The (Not So) Puzzling Behavior of Angel Investors." Vanderbilt Law Review 61, 1405-1452.
    • (2008) Vanderbilt Law Review , vol.61 , pp. 1405-1452
    • Ibrahim, D.M.1
  • 21
    • 44649197264 scopus 로고
    • Theory of the Firm: Managerial Behavior, Agency Costs, and Ownership Structure
    • Jensen, Michael C., and William H. Meckling. 1976. "Theory of the Firm: Managerial Behavior, Agency Costs, and Ownership Structure." Journal of Financial Economics 3, 305-360.
    • (1976) Journal of Financial Economics , vol.3 , pp. 305-360
    • Jensen, M.C.1    Meckling, W.H.2
  • 23
    • 0344354203 scopus 로고    scopus 로고
    • Venture Support Systems Project: Angel Investors
    • Unpublished manuscript, MIT Entrepreneurship Center
    • Linde, L., and A. Prasad. 2000. "Venture Support Systems Project: Angel Investors." Unpublished manuscript, MIT Entrepreneurship Center.
    • (2000)
    • Linde, L.1    Prasad, A.2
  • 26
    • 33645793288 scopus 로고    scopus 로고
    • Hedge Funds: Risk and Return
    • Malkiel, Burton, and Atanu Saha. 2005. "Hedge Funds: Risk and Return." Financial Analysts Journal 61:6, 80-88.
    • (2005) Financial Analysts Journal , vol.61 , Issue.6 , pp. 80-88
    • Malkiel, B.1    Saha, A.2
  • 28
    • 0042293653 scopus 로고    scopus 로고
    • Is It Worth It? The Rates of Return from Informal Venture Capital Investments
    • Mason, Colin M., and Richard T. Harrison. 2002. "Is It Worth It? The Rates of Return from Informal Venture Capital Investments." Journal of Business Venturing 17, 211-236.
    • (2002) Journal of Business Venturing , vol.17 , pp. 211-236
    • Mason, C.M.1    Harrison, R.T.2
  • 29
  • 30
    • 0040080308 scopus 로고    scopus 로고
    • The Returns to Entrepreneurial Investment: A Private Equity Premium Puzzle?
    • Moskowitz, Tobias J., and Annette Vissing-Jorgensen. 2002. "The Returns to Entrepreneurial Investment: A Private Equity Premium Puzzle?" American Economic Review 92:4, 745-778.
    • (2002) American Economic Review , vol.92 , Issue.4 , pp. 745-778
    • Moskowitz, T.J.1    Vissing-Jorgensen, A.2
  • 31
    • 84923261739 scopus 로고    scopus 로고
    • What Is the Canadian Definition of an Angel Investor?
    • Comments.
    • Peters, Basil. 2010. Comments. "What Is the Canadian Definition of an Angel Investor?" http://www.techvibes.com/blog/what-is-the-canadiandefinition-of-an-angel-investor.
    • (2010)
    • Peters, B.1
  • 34
    • 0011654349 scopus 로고
    • Some Investor and Entrepreneur Perspectives on the Informal Market for Risk Capital
    • Riding, A., and D. Short. 1987. "Some Investor and Entrepreneur Perspectives on the Informal Market for Risk Capital." Journal of Small Business and Entrepreneurship 4, 19-30.
    • (1987) Journal of Small Business and Entrepreneurship , vol.4 , pp. 19-30
    • Riding, A.1    Short, D.2
  • 35
    • 84874650070 scopus 로고    scopus 로고
    • Angel Investing: A Report Prepared for the Federal Reserve Banks of Atlanta, Cleveland, Kansas City, Philadelphia and Richmond
    • October 1
    • Shane, Scott A. 2005. "Angel Investing: A Report Prepared for the Federal Reserve Banks of Atlanta, Cleveland, Kansas City, Philadelphia and Richmond." October 1. Available at http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1142687.
    • (2005)
    • Shane, S.A.1
  • 36
    • 84923255692 scopus 로고    scopus 로고
    • Angel Groups: An Examination of the Angel Capital Association Survey
    • January 1
    • Shane, Scott A. 2008. "Angel Groups: An Examination of the Angel Capital Association Survey." January 1. Available at http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1142645.
    • (2008)
    • Shane, S.A.1
  • 38
    • 0010849824 scopus 로고
    • Exits and entries: a study in yellow pages journalism
    • K. H. Vesper, eds., Wellesley, Mass.: Babson College
    • Shapero, A., and Giglierano, J. 1982. "Exits and entries: a study in yellow pages journalism." In K. H. Vesper, eds., Frontiers of Entrepreneurship Research 1982. Wellesley, Mass.: Babson College.
    • (1982) Frontiers of Entrepreneurship Research 1982
    • Shapero, A.1    Giglierano, J.2
  • 39
    • 49249143360 scopus 로고
    • On Financial Contracting: An Analysis of Bond Covenants
    • Smith, Clifford W., and Jerold B. Warner. 1979. "On Financial Contracting: An Analysis of Bond Covenants." Journal of Financial Economics 7, 117-162.
    • (1979) Journal of Financial Economics , vol.7 , pp. 117-162
    • Smith, C.W.1    Warner, J.B.2
  • 40
    • 33751532815 scopus 로고    scopus 로고
    • The U.S. Angel and Venture Capital Market: Recent Trends and Developments
    • Sohl, J. E. 2003. "The U.S. Angel and Venture Capital Market: Recent Trends and Developments." Journal of Private Equity 6, 7-17.
    • (2003) Journal of Private Equity , vol.6 , pp. 7-17
    • Sohl, J.E.1
  • 41
    • 54049107630 scopus 로고
    • Applying Theory of Finance to Informal Risk Capital Research: Promise and Problems
    • Wellesley, Mass.: Babson College
    • Sullivan, M. K., and A. Miller. 1990. "Applying Theory of Finance to Informal Risk Capital Research: Promise and Problems." In Frontiers of Entrepreneurship 1990. Wellesley, Mass.: Babson College.
    • (1990) Frontiers of Entrepreneurship 1990
    • Sullivan, M.K.1    Miller, A.2
  • 42
    • 0345757770 scopus 로고    scopus 로고
    • Do Serial and Non-Serial Investors Behave Differently? Empirical and Theoretical Analysis
    • Van Osnabrugge, M. 1998. "Do Serial and Non-Serial Investors Behave Differently? Empirical and Theoretical Analysis." Entrepreneurship: Theory and Practice 22:4, 23-42.
    • (1998) Entrepreneurship: Theory and Practice , vol.22 , Issue.4 , pp. 23-42
    • Van Osnabrugge, M.1
  • 44
    • 84923265152 scopus 로고    scopus 로고
    • Note on Angel Investing
    • Case # 5 001. Tuck School of Business at Dartmouth, Center for Private Equity and Entrepreneurship
    • Wainwright, F. 2005. "Note on Angel Investing." Case # 5 001. Tuck School of Business at Dartmouth, Center for Private Equity and Entrepreneurship.
    • (2005)
    • Wainwright, F.1
  • 45
    • 57049179988 scopus 로고    scopus 로고
    • Coming to Portfolios Near You: Investment Ideas You Should Be Paying More Attention To
    • Welch, Scott. 2007. "Coming to Portfolios Near You: Investment Ideas You Should Be Paying More Attention To." Journal of Wealth Management 10:2, 63-83.
    • (2007) Journal of Wealth Management , vol.10 , Issue.2 , pp. 63-83
    • Welch, S.1
  • 47
    • 28144442141 scopus 로고    scopus 로고
    • Investment Practices and Outcomes of Informal Venture Investors
    • Wiltbank, Robert. 2005b. "Investment Practices and Outcomes of Informal Venture Investors." Venture Capital 7:4, 343-357.
    • (2005) Venture Capital , vol.7 , Issue.4 , pp. 343-357
    • Wiltbank, R.1
  • 48
    • 54049083378 scopus 로고    scopus 로고
    • Returns to Angel Investors in Groups
    • Report, Ewing Marion Kauffman Foundation and Angel Capital Education Foundation. November
    • Wiltbank, Robert, and Warren Boeker. 2007. "Returns to Angel Investors in Groups." Report, Ewing Marion Kauffman Foundation and Angel Capital Education Foundation. November.
    • (2007)
    • Wiltbank, R.1    Boeker, W.2
  • 50
    • 79960198311 scopus 로고    scopus 로고
    • Angel Finance: The Other Venture Capital
    • Wong, Andrew, Mihir Bhatia, and Zachary Freeman. 2009. "Angel Finance: The Other Venture Capital." Strategic Change 18, 221-230.
    • (2009) Strategic Change , vol.18 , pp. 221-230
    • Wong, A.1    Bhatia, M.2    Freeman, Z.3


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.