| Indep. Var. | Coeff. | Std. Err. | t | P > t |
| Percentage of fund financed | 2.064** | 1.472 | 1.402 | 0.068 |
| stage of project | 0.211 | 0.439 | 0.482 | 0.633 |
| Team size | 0.026 | 0.034 | 0.773 | 0.444 |
| Number of evaluations | 0.029* | 0.024 | 1.174 | 0.098 |
| Financing objectives | 0.032 | 0.017 | 1.931 | 0.160 |
| Assigning shares | −4.575 | 2.183 | −1.781 | 0.182 |
| Minimum starting investment amount | −0.635 | 0.779 | −0.815 | 0.420 |
| _cons | −0.105 | 0.363 | −0.290 | 0.773 |
| Adj R2 | 0.368 | |||