Variable type

Variable name

Variable definition

Variable symbol

Independent variable

Start-ups funding rounds

The sum of all rounds of financing received by the enterprise

funding_rounds

Start-ups seed funding

The number of seed rounds funding received by the enterprise

seed

Start-ups private financing

The number of private (directed) financing received by the enterprise

undisclosed

Start-ups venture capital financing

The number of venture capital financing receivedby the enterprise

venture

Start-ups borrow from banks

The number of times the enterprise borrows from a bank

debt_financing

Start-ups government funding

The number of government funding received by the enterprise

grant

Start-ups angel round financing

The number of angel rounds funding received by the enterprise

angel

Start-ups private equity financing

The number of private equity financing received by the enterprise

private_equity

Convertible bond

Whether the enterprise uses convertible bond

convertible_bond

Equity financing after listing

The number of raised equity funds after listing

post_ipo_equity

Debt financing after listing

The number of raised debts after listing

post_ipo_debt

Start-ups equity crowdfunding

The number of equity crowdfunding received by the enterprise

equity_crowdfunding

Start-ups secondary market financing

The number of secondary market financing received by the enterprise

secondary_market

Dependent variable

Start-up success

Start-up status

status