Table 1 Summary of descriptive...

Table 1

Summary of descriptive statistics, ECF campaigns

Campaigns	Observations	Mean	Std. Dev	Min	Max
Market cap (MSEK)	61	85.9	495.9	2.0	3,891.0
Funding (MSEK)	61	1.9	2.3	0.2	11.8
Dilution	61	10.3%	7.1%	0.0%	31.5%
No. of new shareholders	61	83.4	72.5	7.0	386.0
Duration	61	49.7	18.6	11	90

Source(s): Table created by author

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