Estimating Unobserved Complementarities between Entrepreneurs and Venture Capitalists

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Academic Paper
Title Unobserved Complementarities between Entrepreneurs and VCs (Academic Paper)
Author Ed Egan, Jeremy Fox, David Hsu
RAs Amir Kazempour
Status In development
© edegan.com, 2016


Summary

This paper describes a two-stage matching model and estimates this model using data on entrepreneurs that match to accelerators and (lead) venture capitalists. Once the model is estimated, we can enact various policy-relevant changes and estimate their effects. For example, we could eliminate non-profit accelerators, government-sponsored venture capitalists, or other participants.

Data specification

The data spec sent to Jeremy is in:

Z:\Projects\MatchingAcceleratorsToVCs

We are only interested in lead VCs for now.

Reference Papers

Jeremy's paper with David Hsu and Chenyu Yang is here:

Fox Hsu Yang (2015) - Unobserverd Heterogeneity in Matching Games with an Application to Venture Capital provides some notes.