Management Information Systems Commons^™

Success Factors In Title Ii Equity Crowdfunding In The United States, Stanislav Mamonov, Ross Malaga

Department of Information Management and Business Analytics Faculty Scholarship and Creative Works

Title II of the JOBS Act has expanded the opportunities for entrepreneurial ventures to raise funds from accredited investors via online equity crowdfunding platforms in the United States. Over $1.4 billion in capital has been committed by the accredited investors in Title II platforms since 2013, yet little is known about how venture characteristics influence the success of raising funds from investors via online equity crowdfunding platforms. Further, it is not known whether online equity crowdfunding is supplementing or replacing traditional venture funding sources. To address these gaps in our knowledge, we draw on research in traditional offline risk capital …