Abstract：Based on the characteristics of VC companies,this paper adopts multiple regression analysis and logistic model to study the relationship between the characteristics of VC companies and the motivations of syndication,such as finance motivation,deal flow motivation and resource motivation.We find that,the financial motive is more important to VCs with less experience and smaller size,the deal flow motive is more important to VCs with smaller size,state-owned or backed by foreign capital,and resource motive is more important to VCs who invest in early-stage venture.This research can provide some suggestions when they select partners to syndicate with.In addition,for venture companies,this research provides them the effective way to acquire qualified VC investment
金永红,李媛媛,罗 丹. 风险投资公司特征与联合投资动机[J]. 中国科技论坛, 2015(10): 130-135.
Jin Yonghong,Li Yuanyuan,Luo Dan. The Characters of VC and the Motive of Syndication of VC. , 2015(10): 130-135.
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