Attracting Early Stage Investors : Evidence from a Randomized Field Experiment

  title={Attracting Early Stage Investors : Evidence from a Randomized Field Experiment},
  author={Shai Bernstein and Arthur Korteweg and Kevin J Laws},
This appendix contains additional descriptions, results, and robustness tests to supplement the analyses in the paper. Section A describes AngelList’s information disclosure algorithm in detail. Section B shows robustness to alternative ways of clustering standard errors. Section C shows robustness to dropping connected investors. Section D provides further tests of the investor specialization results. Section E describes the activity of inexperienced investors. Section F analyzes the ordering… CONTINUE READING
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