Table 9.

Results of the independent variable “Percentage Raised” by using the OLS regression

Model 1Model 2
OLSRobust
Percentage raisedCoef.Std. Err.Coef.Std. Err.
Gender    
All male0.077520.1072940.077520.074061
All female−0.09040.185745−0.09040.131807
Both0.03963**0.0635950.03963**0.046855
Advisor0.263313**0.0995580.263313**0.086524
Brazil0.073815**0.2618850.073815**0.119278
Chile0.405591*0.2733960.405591*0.203121
Mexico0.547878**0.2457930.547878**0.194633
Video0.175757**0.1195920.175757**0.087031
Industry0.1023010.0814210.1023010.771448
Firm age0.014481*0.0116860.014481*0.011169
Linkedin0.000298*0.0001790.000298*0.000151
Equity offered0.0038868**0.0040910.0038868**0.003914
Finance info0.0207722**0.0691410.0207722**0.065168
Fundraising goal0.0000846**0.0000020.0000846**0.000001
_cons0.5478784**0.2457930.5478784**0.194633
R-squared 0.42  
Prob>F 0.00  

Notes:

(*) Significant at the p < 0.05, (**) Significant at the p < 0.1, Obs: 492

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