Using quasi-experimental techniques, this study investigates how managers weight (1) psychic distance from their country of birth to the host country, and (2) their entry mode-specific experience in their assessments of international joint venture (IJV) and acquisition investment opportunities to enter a new country. Based on these findings, the study identifies which of those factors are triggers of a preference for IJVs or acquisitions as entry modes. Our data suggests that IJVs are the preferred entry mode for managers born in countries that are distant from the host country and for those more experienced in acquisitions, while acquisitions are preferred by managers more experienced in IJVs. This study contributes to EMC research (1) by incorporating the individual level of analysis, going beyond the country, firm, and deal levels; (2) by investigating the effects of psychic distance; and (3) by offering a fine-grained analysis of entry mode-specific experience effects.