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Impact of revenue-based finance trend on the entrepreneurial ecosystem

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Detalhes bibliográficos
Resumo:Revenue-based finance (RBF) is becoming increasingly popular among founders as an alternative to equity financing since a major advantage of the RBF is the dilution avoidance. In consequence, this thesis explores the impact of revenue-based financing on the entrepreneurship ecosystem highlighting the pros and cons of the quasi-equity instrument from the perspective of entrepreneurs as well as investors. It is ultimately intended to determine whether RBF has the potential to promote a more diverse, inclusive, and sustainable entrepreneurial ecosystem. The results of this study will contribute to the existing literature on alternative funding models for entrepreneurs.
Autores principais:Cisneros, Fabian Andres Peña
Assunto:Revenue-based financing Entrepreneurship Entrepreneurial finance Venture capital Impact investments
Ano:2023
País:Portugal
Tipo de documento:dissertação de mestrado
Tipo de acesso:acesso aberto
Instituição associada:Universidade Nova de Lisboa
Idioma:inglês
Origem:Repositório Institucional da UNL
Descrição
Resumo:Revenue-based finance (RBF) is becoming increasingly popular among founders as an alternative to equity financing since a major advantage of the RBF is the dilution avoidance. In consequence, this thesis explores the impact of revenue-based financing on the entrepreneurship ecosystem highlighting the pros and cons of the quasi-equity instrument from the perspective of entrepreneurs as well as investors. It is ultimately intended to determine whether RBF has the potential to promote a more diverse, inclusive, and sustainable entrepreneurial ecosystem. The results of this study will contribute to the existing literature on alternative funding models for entrepreneurs.