TY - JOUR
T1 - German crowd-investing platforms: Literature review and survey
AU - Grundy, David
AU - Ohmer, Carolina
N1 - No funding details specified.
PY - 2016/1/29
Y1 - 2016/1/29
N2 - This article presents a comprehensive overview of the current German crowd-investing market drawing on a data-set of 31 crowd-investing platforms including the analysis of 265 completed projects. While crowd-investing market still only represents a niche in the German venture capital market, there is potential for an increase in both market volume and in average project investment. The market share is distributed among a few crowd-investing platforms with high entry barriers for new platforms although platforms that specialise in certain sectors have managed to successfully enter the market. German crowd-investing platforms are found to promote mainly internet-based enterprises (36%) followed by projects in real estate (24%) and green projects (19%), with the median money raised 100,000 euro.
AB - This article presents a comprehensive overview of the current German crowd-investing market drawing on a data-set of 31 crowd-investing platforms including the analysis of 265 completed projects. While crowd-investing market still only represents a niche in the German venture capital market, there is potential for an increase in both market volume and in average project investment. The market share is distributed among a few crowd-investing platforms with high entry barriers for new platforms although platforms that specialise in certain sectors have managed to successfully enter the market. German crowd-investing platforms are found to promote mainly internet-based enterprises (36%) followed by projects in real estate (24%) and green projects (19%), with the median money raised 100,000 euro.
U2 - 10.1080/23311975.2016.1138849
DO - 10.1080/23311975.2016.1138849
M3 - Article
SN - 2331-1975
VL - 3
SP - 1138849
JO - Cogent Business & Management
JF - Cogent Business & Management
IS - 1
ER -