{"id":"W2973337390","doi":"10.3386/w26275","title":"Be Careful What You Ask For: Fundraising Strategies in Equity Crowdfunding","year":2019,"lang":"en","type":"report","venue":"National Bureau of Economic Research","topic":"FinTech, Crowdfunding, Digital Finance","field":"Business, Management and Accounting","cited_by":13,"is_retracted":false,"has_abstract":true,"ca_institutions":"HEC Montréal","funders":"","keywords":"Equity crowdfunding; Ask price; Equity (law); Business; Marketing; Seed money; Advertising; Finance; Public relations; Political science; Law","routes":{"ca_aff":true,"ca_fund":false,"ca_venue":false,"about_ca":false,"invisible_to_affiliation_only":false},"retraction":null,"screen":null,"direct_labels":[],"prediction":{"model_version":"codex-gemma-dda1882f352a","candidate_categories":["metaepi_narrow","scholarly_communication"],"consensus_categories":[],"category_scores_codex":[0.007564417,0.0004168744,0.0008464219,0.002798098,0.0002090923,0.002916259,0.00108695,0.0005592599,0.0002461661],"category_scores_gemma":[0.00232501,0.000475774,0.0003110986,0.0006029425,0.0002936095,0.006596231,0.001056702,0.0009382816,0.0002423653],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.003413939,"about_ca_system_score_gemma":0.003534208,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.00319349,"about_ca_topic_score_gemma":0.0022461,"domain_scores_codex":[0.995018,0.00002621257,0.001170966,0.0009827064,0.00184497,0.0009571509],"domain_scores_gemma":[0.9952098,0.0009141486,0.000858532,0.0004404328,0.002551378,0.00002573029],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"theoretical_or_conceptual","study_design_gemma":"theoretical_or_conceptual","study_design_scores_codex":[0.0001541257,0.0001149132,0.004120877,0.003784939,0.0001389637,0.0000103393,0.00004921453,0.001492439,0.0002264851,0.9148489,0.06676465,0.0082941],"study_design_scores_gemma":[0.001045299,0.00006611676,0.002045532,0.002130429,0.00002832996,0.000009731499,0.001165958,0.00239213,0.0001248732,0.6463259,0.3438071,0.0008585791],"study_design_candidate":"theoretical_or_conceptual","study_design_consensus":"theoretical_or_conceptual","genre_codex":"other","genre_gemma":"empirical","genre_scores_codex":[0.02115537,0.001497893,0.0000659063,0.001211571,0.002493318,0.001555913,0.000129006,0.00005919209,0.9718319],"genre_scores_gemma":[0.9870203,0.0004773331,0.00009966931,0.00009332533,0.002525243,0.0001710939,0.001199227,0.0001251888,0.008288619],"genre_candidate":"empirical","genre_consensus":null,"teacher_disagreement_score":0.965865,"threshold_uncertainty_score":0.9997694,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.4900200071928663,"score_gpt":0.5244325502869734,"score_spread":0.03441254309410718,"validation_status":"score_only:v0-immature-baseline","note":"Baseline scores from an immature model (maturity gate not passed). Scores rank; they never assert a category."}}