Funding in Digital Entrepreneurship
Hor, Shoon Chan (Timothy) (2024) How to acquire financial resources beyond seed funding in digital entrepreneurship: A study informed by design science. PhD thesis, Queensland University of Technology.
Description:
Eighty to 85% of seed-funded startups fail to secure their Series A funding. This 'Series A Crunch' significantly contributes to why many digital startups die. Rooted in Design Science scholarship, this thesis addresses this systemic challenge by offering actionable knowledge for entrepreneurs raising Series A or post-seed funding. Integrating existing literature and practice knowledge, it proposes three design principles and a process model, validated through case studies with entrepreneurs and investors. From these principles, a capital-raising canvas and training workshop were created and tested, bridging the gap between academic theory and practice, and reinforcing the impact of solution-oriented entrepreneurship research.
Link to dissertation is below:
