REPUTATION AS CAPITAL – How Decentralized Autonomous Organizations Address Shortcomings in the Venture Capital Market
26 Pages Posted: 14 Nov 2021
Date Written: November 13, 2021
Abstract
Venture capital (VC) models can be optimized with emerging decentralized technology. After discussing the shortcomings of the existing VC market and the rise of alternative early-round funding mechanisms, the paper highlights the evolution of VC businesses that are operated by a Decentralized Autonomous Organization (DAO).
Keywords: Venture Capital, Decentralized Autonomous Organization, Reputation, Decentralized Governance, Capital, Venture Funding, Finance, Token Models, Cryptocurrencies, Feedback Effects, Emerging Technology, Tokens, Blockchain, Distributed Ledger Technology
JEL Classification: K20, K23, K32, L43, L5, O31, O3
Suggested Citation: Suggested Citation