We investigate the financial and nonfinancial motivations of business angels to invest into new ventures as well as their values. More precisely, we would like to answer the following questions: (1) Do business angels primarily invest for financial reasons? (2) Do business angels invest also for nonfinancial reasons? (3) Can the relative weight of monetary and non-monetary investment motives be traced back to personal values?
Ramaj, Hidajet and Schade, Christian
"ARE YOU AN ANGEL? NON-MONETARY AND OTHER-REGARDING UTILITY COMPONENTS IN BUSINESS ANGELS’ INVESTMENT DECISIONS (INTERACTIVE PAPER),"
Frontiers of Entrepreneurship Research: Vol. 31
, Article 4.
Available at: http://digitalknowledge.babson.edu/fer/vol31/iss1/4