Results of the independent variable “Average Pledge” by using the OLS regression
| Model 1 | Model 2 | |||
|---|---|---|---|---|
| OLS | Robust | |||
| Average pledge | Coef. | Sth. Err. | Coef. | Sth. Err. |
| All male | 0.007 | 0.169856 | 0.007 | 0.099707 |
| All female | −0.1877 | 0.299943 | −0.1877 | 0.111450 |
| Both | 0.2329** | 0.088579 | 0.2329** | 0.172482 |
| Advisor | 0.487** | 0.058471 | 0.487** | 0.032841 |
| Brazil | 0.019157* | 0.016413 | 0.019157* | 0.008238 |
| Chile | 0.075967* | 0.065892 | 0.075967* | 0.053712 |
| Mexico | 0.096599** | 0.049171 | 0.096599** | 0.031829 |
| Video | 0.063775* | 0.090915 | 0.063775* | 0.042061 |
| Industry | 0.084924 | 0.128899 | 0.084924 | 0.061274 |
| Firm age | 0.038694* | 0.020 | 0.038694* | 0.000219 |
| 0.00012 | 0.000239 | 0.00012 | 0.000103 | |
| Equity offered | −0.007448* | 0.006474 | −0.007448* | 0.002219 |
| Finance info | 0.381208** | 0.110009 | 0.381208** | 0.050351 |
| Fundraising goal | 0.000049** | 0.000007 | 0.000049** | 0.000015 |
| _cons | 0.699881** | 0.390527 | 0.261679** | 0.261679 |
| R-squared | 0.33 | |||
| Prob>F | 0.00 | |||
| Model 1 | Model 2 | |||
|---|---|---|---|---|
| OLS | Robust | |||
| Average pledge | Coef. | Sth. Err. | Coef. | Sth. Err. |
| All male | 0.007 | 0.169856 | 0.007 | 0.099707 |
| All female | −0.1877 | 0.299943 | −0.1877 | 0.111450 |
| Both | 0.2329 | 0.088579 | 0.2329 | 0.172482 |
| Advisor | 0.487 | 0.058471 | 0.487 | 0.032841 |
| Brazil | 0.019157 | 0.016413 | 0.019157 | 0.008238 |
| Chile | 0.075967 | 0.065892 | 0.075967 | 0.053712 |
| Mexico | 0.096599 | 0.049171 | 0.096599 | 0.031829 |
| Video | 0.063775 | 0.090915 | 0.063775 | 0.042061 |
| Industry | 0.084924 | 0.128899 | 0.084924 | 0.061274 |
| Firm age | 0.038694 | 0.020 | 0.038694 | 0.000219 |
| 0.00012 | 0.000239 | 0.00012 | 0.000103 | |
| Equity offered | −0.007448 | 0.006474 | −0.007448 | 0.002219 |
| Finance info | 0.381208 | 0.110009 | 0.381208 | 0.050351 |
| Fundraising goal | 0.000049 | 0.000007 | 0.000049 | 0.000015 |
| _cons | 0.699881 | 0.390527 | 0.261679 | 0.261679 |
| 0.33 | ||||
| Prob>F | 0.00 | |||
Notes:
(*) Significant at the p < 0.05, (**) Significant at the p < 0.1, Obs: 492
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