Causal configurations leading to entrepreneurial fundraising success and overfunding
| Configuration No. | Success in equity crowdfunding [SUCC] | Overfunding in equity crowdfunding [OVER] | ||||||
|---|---|---|---|---|---|---|---|---|
| C1* | C2 | C3 | C4 | C5* | C6* | C7 | C8 | |
| IDEN | ● | ○ | ● | ● | ○ | ○ | ||
| ABSC | ● | |||||||
| RELC | ○ | |||||||
| YEAR | ○ | ● | ○ | ○ | ● | |||
| NINV | ● | ○ | ||||||
| LRES | ○ | ● | ○ | ○ | ● | |||
| LEXP | ||||||||
| Raw coverage | 0.425556 | 0.153333 | 0.354444 | 0.290556 | 0.435385 | 0.265385 | 0.135385 | 0.147692 |
| Unique coverage | 0.155000 | 0.104444 | 0.163333 | 0.161111 | 0.265385 | 0.095384 | 0.131539 | 0.143846 |
| Consistency | 0.998696 | 0.734043 | 0.864499 | 0.984934 | 1 | 0.991379 | 0.649447 | 0.668990 |
| Solution coverage | 0.903333 | 0.81 | ||||||
| Solution consistency | 0.887554 | 0.881171 | ||||||
| Configuration No. | Success in equity crowdfunding [SUCC] | Overfunding in equity crowdfunding [OVER] | ||||||
|---|---|---|---|---|---|---|---|---|
| C1* | C2 | C3 | C4 | C5* | C6* | C7 | C8 | |
| IDEN | ● | ○ | ● | ● | ○ | ○ | ||
| ABSC | ● | |||||||
| RELC | ○ | |||||||
| YEAR | ○ | ● | ○ | ○ | ● | |||
| NINV | ● | ○ | ||||||
| LRES | ○ | ● | ○ | ○ | ● | |||
| LEXP | ||||||||
| Raw coverage | 0.425556 | 0.153333 | 0.354444 | 0.290556 | 0.435385 | 0.265385 | 0.135385 | 0.147692 |
| Unique coverage | 0.155000 | 0.104444 | 0.163333 | 0.161111 | 0.265385 | 0.095384 | 0.131539 | 0.143846 |
| Consistency | 0.998696 | 0.734043 | 0.864499 | 0.984934 | 1 | 0.991379 | 0.649447 | 0.668990 |
| Solution coverage | 0.903333 | 0.81 | ||||||
| Solution consistency | 0.887554 | 0.881171 | ||||||
Note(s): Configurations marked with an asterisk (*) refer to corporate anchor investors. “●” refers to the presence of a condition within the configuration. “○” refers to the absence of a condition
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