Calendar Anomalies and Arbitrage eBook
$25.00
The stereotype of the "angel investor" is a retired wealthy entrepreneur who sees potential, asks tough questions, takes a large stake, and in a few years makes a massive return in an IPO.
Digital edition, delivered to your inbox within 24 hours of payment. No shipping, no delivery charge.
About this eTextbook
The stereotype of the "angel investor" is a retired wealthy entrepreneur who sees potential, asks tough questions, takes a large stake, and in a few years makes a massive return in an IPO. This outsider fills the gap between the venture capitalist and the professional investor, swooping in with cash and expertise to bring dreams to fruition. Unfortunately, Shane observes, this figure bears no relationship to reality.
In Fool's Gold, he draws on hard data from the Federal Reserve and other sources to paint the first reliable group portrait of the lionized angel investors. Surprisingly, he finds that they are fewer, contribute less, and involve themselves in fewer start-ups than the conventional wisdom suggests. Most angels typically still have their day jobs, make investments of $10,000 or less, and take little or no role in assisting entrepreneurs build their companies.
Few of the companies they put money into arrive at IPOs, let alone massive returns. But angels can play a critical role, he writes, if the fantasy is abandoned by all concerned. Drawing on his rich store of data, Shane offers recommendations to entrepreneurs and angels alike for the most productive use of angel investing, and suggests how policymakers can encourage it.
Particularly promising are angel groups, which pool knowledge and money for wiser and more productive investments. In groups, angels can rely on each other's expertise, share the labor of performing due diligence, and generally insure that their money is being placed-and used-wisely. Fostering the formation of such groups may be the single most important thing that government can do to boost angel investing.
Massively researched and briskly written, Fools' Gold offers the first real resource on this misunderstood aspect of our entrepreneurial system. ISBNs for Fool's Gold? are 9780199887088, 019988708X and the print ISBNs are 9780195331080, 0195331087. Additional ISBNs include 9780199716081.
Publication details
- Author: Scott Shane
- Publisher: Oxford University Press
- Additional ISBN: 9780199716081
What you receive
- A licensed digital edition of this title, supplied as PDF or EPUB. The format is set by the publisher, so email us the ISBN before ordering and we will confirm which one it is.
- Delivered to the email address on your order as a secure download link, usually within minutes and always within 24 hours of payment.
- Download links do not expire and there is no cap on re-downloads. Readable on any computer, tablet or phone, online or offline.
- This is a digital edition. Nothing is printed, packed or posted, and there is no delivery charge.
Delivery
Free on every order. This is a digital edition. Nothing is printed, packed or posted, so there is no delivery charge, no minimum order and no handling fee. The only thing added at checkout is 5% sales tax, shown on its own line before you confirm.
- Sent to the email address on your order, as a secure download link.
- Usually within a few minutes of payment clearing.
- Guaranteed within 24 hours, including weekends and holidays.
- Links do not expire and there is no cap on re-downloads.
- Delivered worldwide. No customs charge or import duty can arise.
Format. Titles are supplied as PDF or EPUB, set by the publisher. If the format matters to you, email us the eText ISBN before ordering and we will confirm which it is, normally the same business day.
Nothing arrived? Check your spam and promotions folders first. If it is not there 24 hours after payment, email us your order number and we will resend it. Full detail on the Delivery Policy.
Refunds
A digital file cannot be posted back, so there is no return process. There are situations that are refundable and situations that are not, and both are stated plainly.
Refunded in full, within 30 days of the order:
- The file is corrupt, truncated, or will not open in a reader that supports its format.
- Content is missing from the edition you were sold.
- The wrong title was delivered.
- The edition, eText ISBN, author or format does not match this page.
- You were charged twice for the same title.
- Nothing was delivered and we cannot reissue it.
Not downloaded yet? Cancel within 14 days for a full refund, no reason needed.
Not refundable: a title you downloaded and then decided you did not want, a file that does not suit your device where we did not say it would, buying the wrong edition when this page stated it correctly, and publisher printing or copy limits.
Approved refunds are issued within 2 to 5 business days to the card that paid. Full detail on the Returns & Refund Policy.
Payment
Checkout runs on Stripe. We accept Visa, Mastercard, American Express, Discover and JCB, credit or debit. That list is complete. No account is needed; guest checkout is available on every order.
What you are charged: the price on this page, plus 5% sales tax. Delivery is $0.00. There is no handling fee, no processing fee and no card surcharge. The order summary shows the full total before you confirm, and that figure is what leaves your account.
Nothing recurring. One charge per order. No subscription, no membership, no trial that converts, no saved-card auto-billing.
Security. Card numbers never reach us. Payment details are entered into fields hosted by Stripe, a PCI DSS Level 1 provider. We can see only the card brand, the last four digits and whether the payment succeeded. The whole site runs over HTTPS.
Prices are in US dollars. A card issued outside the United States is converted by your own bank at its own rate. Full detail on the Payment Policy.
About this eTextbook
The stereotype of the "angel investor" is a retired wealthy entrepreneur who sees potential, asks tough questions, takes a large stake, and in a few years makes a massive return in an IPO. This outsider fills the gap between the venture capitalist and the professional investor, swooping in with cash and expertise to bring dreams to fruition. Unfortunately, Shane observes, this figure bears no relationship to reality.
In Fool’s Gold, he draws on hard data from the Federal Reserve and other sources to paint the first reliable group portrait of the lionized angel investors. Surprisingly, he finds that they are fewer, contribute less, and involve themselves in fewer start-ups than the conventional wisdom suggests. Most angels typically still have their day jobs, make investments of $10,000 or less, and take little or no role in assisting entrepreneurs build their companies.
Few of the companies they put money into arrive at IPOs, let alone massive returns. But angels can play a critical role, he writes, if the fantasy is abandoned by all concerned. Drawing on his rich store of data, Shane offers recommendations to entrepreneurs and angels alike for the most productive use of angel investing, and suggests how policymakers can encourage it.
Particularly promising are angel groups, which pool knowledge and money for wiser and more productive investments. In groups, angels can rely on each other’s expertise, share the labor of performing due diligence, and generally insure that their money is being placed-and used-wisely. Fostering the formation of such groups may be the single most important thing that government can do to boost angel investing.
Massively researched and briskly written, Fools’ Gold offers the first real resource on this misunderstood aspect of our entrepreneurial system. ISBNs for Fool’s Gold? are 9780199887088, 019988708X and the print ISBNs are 9780195331080, 0195331087. Additional ISBNs include 9780199716081.
Publication details
- Author: Scott Shane
- Publisher: Oxford University Press
- Additional ISBN: 9780199716081
What you receive
- A licensed digital edition of this title, supplied as PDF or EPUB. The format is set by the publisher, so email us the ISBN before ordering and we will confirm which one it is.
- Delivered to the email address on your order as a secure download link, usually within minutes and always within 24 hours of payment.
- Download links do not expire and there is no cap on re-downloads. Readable on any computer, tablet or phone, online or offline.
- This is a digital edition. Nothing is printed, packed or posted, and there is no delivery charge.
Related products
Featured Titles
Featured Titles
Featured Titles
Featured Titles
