PT  - JOURNAL ARTICLE
AU  - Tobias Kollmann
AU  - Andreas Kuckertz
TI  - Venture Capital Decision Making After the High-Tech Downturn
AID  - 10.3905/jpe.2004.434766
DP  - 2004 Aug 31
TA  - The Journal of Private Equity
PG  - 48--59
VI  - 7
IP  - 4
4099  - https://pm-research.com/content/7/4/48.short
4100  - https://pm-research.com/content/7/4/48.full
AB  - In the course of the tremendous downturn in global financial markets, it has become significantly harder for newly founded ventures to receive venture capital funding. Especially ventures from the electronic business sector face never before experienced financing challenges. In order to understand how the changed economic situation has influenced the decision making of venture capitalists, ten case studies were conducted among electronic business ventures from three German speaking countries (Germany, Austria, and Switzerland) which received funding after March 2000. The qualitative content analysis of this rich data set provides evidence of changes in venture capitalists' management of the investment procedure.