Abstract

Venture capital companies undergo three different phases as core, growth and maturity phases as of their establishment. There are different stages in these phases in terms of providing the finance. The stage of providing finance for the first introduction of the product to the market in the core phase is called Serial A, the stage of providing the increasing finance need during the continuation of the growth is called Serial B and the stage of providing the finance needed in the growth and maturity phases is called Serial C and it continues as Serial D. In this study, it has been aimed to estimate the sectors of the venture capital companies by benefiting from the phases and amounts of the investments made by the investors to the venture capital companies. In the study, 5 sectors with the highest investment from investors have been selected and the investment data of 709 venture capital companies taking place in this sector have been benefited. Artificial Neural Networks and Multiple Logistic Regression Analysis have been used in the estimation of the sectors covering the companies with the data attained from the investment series. When the attained results have been examined, it has been determined that the results attained with Artificial Neural Networks are more successful than the results attained with Multiple Logistic Regression analysis. Jel Codes: C38, C39, C45, G24, L26

Highlights

  • Artificial Neural Networks and Multiple Logistic Regression Analysis have been used in the estimation of the sectors covering the companies with the data attained from the investment series

  • When the attained results have been examined, it has been determined that the results attained with Artificial Neural Networks are more successful than the results attained with Multiple Logistic Regression analysis

  • Venture in daily life expresses the status of acting, starting and attempting to do a work, entrepreneur is used in the meaning of the entrepreneur person taking place in such a situation

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Summary

INTRODUCTION

Venture in daily life expresses the status of acting, starting and attempting to do a work, entrepreneur is used in the meaning of the entrepreneur person taking place in such a situation These concepts are handled in an economic frame. Angel investors undertake the investments needed by the venture capital companies during the core and Serial A phases. It has been aimed to estimate the sectors of the venture capital companies by benefiting from the phases and amounts of the investments made by investors to the venture capital companies. Artificial Neural Networks and Multiple Logistic Regression Analysis have been used in the estimation of the sectors containing the companies with the data attained from the investment series. As a result of the study, the estimations obtained from Artificial Neural Networks and Multiple Logistic Regression Analysis have been compared

MATERIAL AND METHOD
Artificial Neural Networks
Multiple Logistic Regression Analysis
APPLICATION
Findings
RESULT
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