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dc.contributor.advisorChristian Catalini.en_US
dc.contributor.authorEtienne, Alain, S.M. Sloan School of Managementen_US
dc.contributor.authorGeha, Andreen_US
dc.contributor.otherSloan School of Management.en_US
dc.date.accessioned2017-09-15T15:35:07Z
dc.date.available2017-09-15T15:35:07Z
dc.date.copyright2017en_US
dc.date.issued2017en_US
dc.identifier.urihttp://hdl.handle.net/1721.1/111459
dc.descriptionThesis: S.M. in Management Studies, Massachusetts Institute of Technology, Sloan School of Management, 2017.en_US
dc.descriptionCataloged from PDF version of thesis.en_US
dc.descriptionIncludes bibliographical references (pages 75-78).en_US
dc.description.abstractAngelList developed online syndication to enable lead investors to collect backing investments from other individuals and professional investors. Online syndication, as part of equity crowdfunding, was expected to answer some fundamental issues of seed funding and possibly contribute to the disruption of the crowdfunding industry. However, we observed that there is a shift in the platform's strategy towards institutional investors and that the platforms that was once believed to embody the future of equity crowdfunding follows another direction to go away from crowdfunding. It is becoming a back-office platform for traditional investors and focuses on new markets, outside of funding. We argue that AngelList is going beyond a new form of equity crowdfunding to develop a digital solution that will bring online a wider concept and aims at becoming the startup platform, across all its non-core needs. However, this will require AngelList to cross-boundaries, and the Boston case example shows that the platform is not there yet from the geographical point of view.en_US
dc.description.statementofresponsibilityby Alain Etienne and Andre Geha.en_US
dc.format.extent93 pagesen_US
dc.language.isoengen_US
dc.publisherMassachusetts Institute of Technologyen_US
dc.rightsMIT theses are protected by copyright. They may be viewed, downloaded, or printed from this source but further reproduction or distribution in any format is prohibited without written permission.en_US
dc.rights.urihttp://dspace.mit.edu/handle/1721.1/7582en_US
dc.subjectSloan School of Management.en_US
dc.titleThe development of the AngelList online syndication model in equity crowdfunding and its effects on venture capitalism and the seed funding industryen_US
dc.typeThesisen_US
dc.description.degreeS.M. in Management Studiesen_US
dc.contributor.departmentSloan School of Management
dc.identifier.oclc1003321703en_US


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