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The Crowd Round : = Equity Crowdfunding and the Likelihood of Becoming an Entrepreneur for Women and People of Color.
紀錄類型:
書目-語言資料,手稿 : Monograph/item
正題名/作者:
The Crowd Round :/
其他題名:
Equity Crowdfunding and the Likelihood of Becoming an Entrepreneur for Women and People of Color.
作者:
Loy, Mackenzie.
面頁冊數:
1 online resource (44 pages)
附註:
Source: Masters Abstracts International, Volume: 83-10.
Contained By:
Masters Abstracts International83-10.
標題:
Finance. -
電子資源:
click for full text (PQDT)
ISBN:
9798426833548
The Crowd Round : = Equity Crowdfunding and the Likelihood of Becoming an Entrepreneur for Women and People of Color.
Loy, Mackenzie.
The Crowd Round :
Equity Crowdfunding and the Likelihood of Becoming an Entrepreneur for Women and People of Color. - 1 online resource (44 pages)
Source: Masters Abstracts International, Volume: 83-10.
Thesis (M.P.P.)--Georgetown University, 2022.
Includes bibliographical references
In the United States, entrepreneurship rates amongst women and People of Color have doubled over the past 2 decades, from 7.36% in 2006 to 13.6% in 2020 (during the COVID-19 pandemic) for women, but without a corresponding increase in venture capital funding. Investments from venture capitalists into underrepresented founders hovered at 10% and in 2020, just 2% of all investments ($3 billion of $120 billion) were made in female-founded companies. Research suggests women are more likely to start mission-oriented businesses. Venture capital data indicates businesses founded by women generate roughly double the revenue generated by male-only teams. The lack of funding has resulted in the loss of positive social impact, trillions of dollars, and millions of jobs. This paper examines a relatively new policy tool, equity crowdfunding, which increases the opportunity for funding and the diversity of investors, and its relationship with increased funding rates for underrepresented entrepreneurs and entrepreneurship rates amongst women and People of Color. By using data from the Current Population Survey and the Annual Social and Economic Supplement to review individual-level variables, I find that since equity crowdfunding has emerged as a possibility, women and People of Color have experienced small, but statistically significant increases in the likelihood of becoming entrepreneurs relative to White men.
Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2024
Mode of access: World Wide Web
ISBN: 9798426833548Subjects--Topical Terms:
559073
Finance.
Subjects--Index Terms:
Crowd roundIndex Terms--Genre/Form:
554714
Electronic books.
The Crowd Round : = Equity Crowdfunding and the Likelihood of Becoming an Entrepreneur for Women and People of Color.
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In the United States, entrepreneurship rates amongst women and People of Color have doubled over the past 2 decades, from 7.36% in 2006 to 13.6% in 2020 (during the COVID-19 pandemic) for women, but without a corresponding increase in venture capital funding. Investments from venture capitalists into underrepresented founders hovered at 10% and in 2020, just 2% of all investments ($3 billion of $120 billion) were made in female-founded companies. Research suggests women are more likely to start mission-oriented businesses. Venture capital data indicates businesses founded by women generate roughly double the revenue generated by male-only teams. The lack of funding has resulted in the loss of positive social impact, trillions of dollars, and millions of jobs. This paper examines a relatively new policy tool, equity crowdfunding, which increases the opportunity for funding and the diversity of investors, and its relationship with increased funding rates for underrepresented entrepreneurs and entrepreneurship rates amongst women and People of Color. By using data from the Current Population Survey and the Annual Social and Economic Supplement to review individual-level variables, I find that since equity crowdfunding has emerged as a possibility, women and People of Color have experienced small, but statistically significant increases in the likelihood of becoming entrepreneurs relative to White men.
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