Table 5

Multinomial Logistic Regression Predicting Investor Profile Preference (N = 195, χ2(14) = 138.80, p < 0.001, Pseudo R2 = 0.3551, Log likelihood = −126.04)

Profile B (vs A)
Coef. (SE)
Profile C (vs A)
Coef. (SE)
Gender (Female)0.46 (0.92)1.31 (0.59)*
Years of Fundraising Experience0.27 (0.07)***0.15 (0.06)**
Diversity of investor engagement1.52 (0.37)***−0.34 (0.23)
Total external capital raised1.40 (0.48)**0.68 (0.29)*
Funding success rate0.03 (0.02)+0.02 (0.01)**
Industry specific serial entrepreneurship−0.14 (0.20)−0.21 (0.12)+
Cross-industry serial entrepreneurship0.46 (0.21)*0.27 (0.12)*
Constant−12.85 (2.32)***−2.88 (0.81)***

Note(s): + p < 0.10, *p < 0.05, **p < 0.01, ***p < 0.001

Profile A serves as the reference category

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