Press Releases
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Prof Deepak Hegde Finds VCs Do Better Investing in Start-Ups Run by Entrepreneurs of Same Ethnicity
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In research that is forthcoming in the journal, Management Science, NYU Stern Professor Deepak Hegde and his co-author, Justin Tumlinson of the IFO Institute at the University of Munich, found that US venture capitalists (VCs) were more likely to invest in start-ups led by executives of the same ethnic origin, particularly when the probability of the start-ups’ success appears low.
Press Releases
—

In research that is forthcoming in the journal, Management Science, NYU Stern Professor Deepak Hegde and his co-author, Justin Tumlinson of the IFO Institute at the University of Munich, found that US venture capitalists (VCs) were more likely to invest in start-ups led by executives of the same ethnic origin, particularly when the probability of the start-ups’ success appears low.