The development of the AngelList online syndication model in equity crowdfunding and its effects on venture capitalism and the seed funding industry
Thesis: S.M. in Management Studies, Massachusetts Institute of Technology, Sloan School of Management, 2017.
| Main Authors: | , |
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| Other Authors: | |
| Format: | Thesis |
| Language: | eng |
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Massachusetts Institute of Technology
2017
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| Online Access: | http://hdl.handle.net/1721.1/111459 |
| _version_ | 1826196408949014528 |
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| author | Etienne, Alain, S.M. Sloan School of Management Geha, Andre |
| author2 | Christian Catalini. |
| author_facet | Christian Catalini. Etienne, Alain, S.M. Sloan School of Management Geha, Andre |
| author_sort | Etienne, Alain, S.M. Sloan School of Management |
| collection | MIT |
| description | Thesis: S.M. in Management Studies, Massachusetts Institute of Technology, Sloan School of Management, 2017. |
| first_indexed | 2024-09-23T10:26:23Z |
| format | Thesis |
| id | mit-1721.1/111459 |
| institution | Massachusetts Institute of Technology |
| language | eng |
| last_indexed | 2024-09-23T10:26:23Z |
| publishDate | 2017 |
| publisher | Massachusetts Institute of Technology |
| record_format | dspace |
| spelling | mit-1721.1/1114592019-04-12T19:46:00Z The development of the AngelList online syndication model in equity crowdfunding and its effects on venture capitalism and the seed funding industry Etienne, Alain, S.M. Sloan School of Management Geha, Andre Christian Catalini. Sloan School of Management. Sloan School of Management. Sloan School of Management. Thesis: S.M. in Management Studies, Massachusetts Institute of Technology, Sloan School of Management, 2017. Cataloged from PDF version of thesis. Includes bibliographical references (pages 75-78). AngelList developed online syndication to enable lead investors to collect backing investments from other individuals and professional investors. Online syndication, as part of equity crowdfunding, was expected to answer some fundamental issues of seed funding and possibly contribute to the disruption of the crowdfunding industry. However, we observed that there is a shift in the platform's strategy towards institutional investors and that the platforms that was once believed to embody the future of equity crowdfunding follows another direction to go away from crowdfunding. It is becoming a back-office platform for traditional investors and focuses on new markets, outside of funding. We argue that AngelList is going beyond a new form of equity crowdfunding to develop a digital solution that will bring online a wider concept and aims at becoming the startup platform, across all its non-core needs. However, this will require AngelList to cross-boundaries, and the Boston case example shows that the platform is not there yet from the geographical point of view. by Alain Etienne and Andre Geha. S.M. in Management Studies 2017-09-15T15:35:07Z 2017-09-15T15:35:07Z 2017 2017 Thesis http://hdl.handle.net/1721.1/111459 1003321703 eng MIT theses are protected by copyright. They may be viewed, downloaded, or printed from this source but further reproduction or distribution in any format is prohibited without written permission. http://dspace.mit.edu/handle/1721.1/7582 93 pages application/pdf Massachusetts Institute of Technology |
| spellingShingle | Sloan School of Management. Etienne, Alain, S.M. Sloan School of Management Geha, Andre The development of the AngelList online syndication model in equity crowdfunding and its effects on venture capitalism and the seed funding industry |
| title | The development of the AngelList online syndication model in equity crowdfunding and its effects on venture capitalism and the seed funding industry |
| title_full | The development of the AngelList online syndication model in equity crowdfunding and its effects on venture capitalism and the seed funding industry |
| title_fullStr | The development of the AngelList online syndication model in equity crowdfunding and its effects on venture capitalism and the seed funding industry |
| title_full_unstemmed | The development of the AngelList online syndication model in equity crowdfunding and its effects on venture capitalism and the seed funding industry |
| title_short | The development of the AngelList online syndication model in equity crowdfunding and its effects on venture capitalism and the seed funding industry |
| title_sort | development of the angellist online syndication model in equity crowdfunding and its effects on venture capitalism and the seed funding industry |
| topic | Sloan School of Management. |
| url | http://hdl.handle.net/1721.1/111459 |
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