In this video, Nir Vulkan, Associate Professor of Business Economics at Oxford Saïd, discusses Equity Crowdfunding: A new phenomena, a research paper developed by Vulkan, Thomas Åstebro of HEC Paris and Manuel Fernandez Sierra from the economics department of Oxford University.

The paper analyses 636 equity crowdfunding campaigns, encompassing 17,188 investors and 64,831 investments (2012- 2015) on SEEDRS, one of the leading UK equity crowdfunding platforms. It was published in the Journal of Business Venturing (June 2016).