Does Academic Lineage Generate Excess Returns? Evidence from Deep-Tech Venture Capital
Mutual fund managers earn up to 7.8 percent a year more on firms whose board members share their educational networks.
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Mutual fund managers earn up to 7.8 percent a year more on firms whose board members share their educational networks.
China's low-altitude economy market reached 505.95 billion yuan in 2023 and expanded to 670.25 billion yuan in 2024, with projections of 1.5 trillion yuan in 2025 and over 3.5 trillion yuan by 2035.
Headline employment upside surprises create a Phantom Payroll Divergence, where overall job additions hide structural contractions in high-wage white-collar technology payrolls [p.3].
Financial markets operate across two temporal horizons: the speculative Short Future Shadow and the physical Long Shadow.
In the Post-period, AI accounts for around 60% of VC investment volume in the US, compared to roughly 31% in Europe.
Funding concentration is high, with five startups holding 44% ($2.8B) of total disclosed capital, while US startups hold 71% of the global total.
Generation Z (born 1995–2010) represents the primary target demographic for early-stage AI companion hardware startups.
OpenAI disclosed $122 billion in committed financing at an $852 billion post-money valuation in March 2026.
UK AI venture financing registered a compounding annual growth rate exceeding 25% between 2016 and 2023.
As public attention to AI rose following the release of ChatGPT, banks lowered assessed default risk (PD) for borrowers in highly AI-exposed industries by about 5%.
Regulation (EU) 2022/858 establishes a pilot regime allowing financial market infrastructures to test DLT financial instruments subject to regulatory oversight.
SpaceX closed on 2 October 2026 at a market value of about $2.16 trillion, representing more than eighty times its trailing revenue.
Company A's revenue index rose from 100 in 2024 to approximately 367 in 2025 as projects moved to small-batch delivery.
Bushee established a systematic classification of institutional investors using 3 types of indicators and 9 constructed variables.
An annual shortfall of between €350 billion and €550 billion is needed to restructure the European economy and make it resilient to the climate crisis.
The proportion of US technology firms adopting dual-class share structures at the IPO stage grew from 15% in 2012 to 50% in 2022.
The study analyzes a dataset of 808 technology unicorn acquisitions announced between 2010 and 2024, including 601 deals involving U.S.-based PE sponsors and 207 non-U.S. deals.
In 2019, Brazil invested R$ 89.5 billion in science and technology, representing about 1.2% of GDP according to OECD data.
Around 70% of respondents reported that the escalation of the conflict in the Middle East negatively affected their business during Q2.
European climate funds raised $61 billion in 2025, nearly double the US total of $37 billion, with Europe's fund close rate holding at 71% versus 35% in the US.
India’s venture capital (VC)/growth equity market reached approximately $16 billion in 2025, logging its second consecutive year of growth.
In May 2026, geothermal innovator Fervo Energy completed an initial public offering on Nasdaq, raising $2.2 billion.
In 2025, the overall early-stage ecosystem in Italy monitored a total of 419 investments compared to 406 operations in 2024.
Venture capital investment in Swiss start-ups increased by 23.9% in 2025 to a total of CHF 2.95 billion.
Irish AI companies raised €256 million across 75 deals YTD in 2026, following a record €691.3 million raised across 107 deals in 2025.
The strategic framework outlines 5 pillars to transform U.S. defense acquisition and maintain technological overmatch.
Italy ranks among the top ten countries globally for scientific output with over 2.6 million publications.
Nvidia CEO Jensen Huang estimates that $2T worth of data centers will power software globally over the next four to five years [p.4].
Between 2010 and 2025, US, Japanese, and UAE investors participated in over 19k deals, representing approximately €380b raised in equity by European companies (excluding exits).
Pangaea Ventures released its inaugural Hard Tech Report on its 25th anniversary to map out investment trends and breakthrough technologies.