Changing Capital: Emerging Trends in Entrepreneurial Finance.

Ewing Marion Kauffman Foundation report.[Download]

Based on interviews and data collected, we identified the following trends:

1. The VC industry is shifting at the biggest and smallest ends of the market.

2. Online platforms—for crowdfunding, angel syndication, and lending—are increasingly important options for seed-stage and early-stage startup needs.

3. Sources of capital are emerging outside of traditional geographical hubs.

4. Women are playing more decision-making roles in entrepreneurial capital.

5. There is robust experimentation with differentiated capital models.