Abstract
Start-ups in the software-intensive field of e-business are key for modern economies. However, those so-called e-ventures tend to face certain problems in terms of financing: Many promising e-ventures seem to fail due to missing seed capital or too few investors. The reasons for this might partially be explained by goal conflicts, different expectations–especially concerning growth of enterprise value and opportunities–, differences in valuation of risks, planning, time horizon and other trade-offs between potential investors and the company’s founders. For this reason we examined academic literature to collect data as a basis for two analogously conducted Delphi studies: one for investors and one for e-ventures. Out of 48 most widely researched success factors concerning investors (of technology start-ups) and 24 concerning e-ventures we could derive implications to eight different subtopics for the above-mentioned trade-offs. Our article concludes by naming its major limitations as well as future research directions for the purpose of advancing research in this field.
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Taraba, T., Mikusz, M., Herzwurm, G. (2014). A Comparative Perspective between Investors and Businesses Regarding Success Factors of E-Ventures at an Early-Stage. In: Lassenius, C., Smolander, K. (eds) Software Business. Towards Continuous Value Delivery. ICSOB 2014. Lecture Notes in Business Information Processing, vol 182. Springer, Cham. https://doi.org/10.1007/978-3-319-08738-2_4
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DOI: https://doi.org/10.1007/978-3-319-08738-2_4
Publisher Name: Springer, Cham
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