TY  - JOUR
T1  - Passion for Entrepreneurship or Passion for the Product? A Conjoint Analysis of Angel and VC Decision-Making
JF  - Journal of Business Venturing
Y1  - 2018
A1  - Warnick,Benjamin J.
A1  - Murnieks,Charles
A1  - McMullen,Jeffery S.
A1  - Brooks,Wade
KW  - Strategy & Entrepreneurship
AB  - Passion is important to venture investors, but what specifically do they want entrepreneurs to be passionate about? This study theorizes that angel investors and venture capitalists consider both entrepreneurs' passion for activities related to the product or service the venture provides (i.e., product passion) and passion for founding and developing new ventures (i.e., entrepreneurial passion). We demonstrate that both types of passion become more appealing when the investor perceives that the entrepreneur is highly open and receptive to feedback, suggesting that openness to feedback mitigates potential concerns associated with passion in its extremes. We further find that venture investors differ in their consideration of passion; angel investors and venture capitalists with more investing experience place greater emphasis on the combination of product passion and openness to feedback, whereas those with more entrepreneurial experience emphasize the combination of entrepreneurial passion and openness to feedback.
VL  - 33
U2  - a
U4  - 127037777920
ID  - 127037777920
ER  - 

TY  - JOUR
T1  - Drawn to the Fire: The role of passion, tenacity and inspirational leadership in angel investing
JF  - Journal of Business Venturing
Y1  - 2016
A1  - Murnieks,Charles
A1  - Cardon,Melissa S.
A1  - Sudek,Richard
A1  - White,Daniel
A1  - Brooks,Wade
KW  - Strategy & Entrepreneurship
VL  - 31
U2  - a
U4  - 127037847552
ID  - 127037847552
ER  - 

TY  - HEAR
T1  - Attracted by Fire: The role of passion in angel investing
Y1  - 2015
A1  - Murnieks,Charles
A1  - Cardon,Melissa
A1  - Sudek,Richard
A1  - White,Daniel
A1  - Brooks,Wade
KW  - Strategy & Entrepreneurship
JA  - Babson College Entrepreneurship Research Conference
U2  - c
U4  - 104209358848
ID  - 104209358848
ER  -