This paper presents a brief synopsis of literature focusing on venture capital-backed high technology ventures. This literature highlights characteristics of and the rationale for venture capitalist-entrepreneur pairings as well as differences in the way venture capitalists approach high tech ventures in comparison to other ventures. Some of the implications for practice are discussed as well as future research at the intersection of technology-based new firms and venture capital.
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Sapienza et al. (2000) studied this question.
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