Fourth, given that start-ups are not the only businesses seeking funding on the ASSOB platform, we account for a venture's years in business, as well as its number of staff.
To determine whether parcels are still available, on the ASSOB platform, one must check the status of the "squares" whereby one square represents one parcel.
Thus, projects that went unfunded in the past on ASSOB may not have had undesirable characteristics or were of lower quality, but there may have been lower investor experience with this type of fundraising platform.
A possible explanation could be that our created measures to proxy intellectual capital and social (alliance) capital are (1) clearly limited to the data availability on ASSOB and (2) those measures are rather crude, meaning that e.
While these questions are clearly beyond the scope of this paper, our initial inspection of the available ASSOB data for the 104 projects shows that approximately 53% of investors invest in projects that are headquartered in their state of residence.
intellectual capital, human capital are clearly limited to the data availability on ASSOB.
We compared offerings on ASSOB with those on RockThePost, which is referred to as an equity crowdfunding platform for accredited investors in the United States.
Neither ASSOB as the publisher nor our Sponsor, as the Class Order Operator have undertaken an independent review of the information contained in this publication.