Hortense Tarrade, "Cross-Border Venture Capital Investments: Why Do Venture Capital Firms Invest at a Distance?"
English | ISBN: 3834931187 | 2012 | 184 pages | PDF | 1436 KB
English | ISBN: 3834931187 | 2012 | 184 pages | PDF | 1436 KB
Hortense Tarrade analyses over 200,000 venture capital (VC) investments over the past 20 years to understand the investors` motivation to select national or foreign companies into their portfolio. She compares the sensitivity of US-based, non-US and German VC firms to the availability of local deal supply and demand as well as the relative importance of their intrinsic capabilities in their investment scope decision (`Why do VC firms invest on a national, continental or global scope`). Further, she provides an in-depth analysis of the role of geographic and cultural distance in investments by German VCs (`Why do VC firms invest in a target location rather than another`).