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Not Just About the Money: How Investors Evaluate Startup Risks

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F25%3A50023254" target="_blank" >RIV/62690094:18450/25:50023254 - isvavai.cz</a>

  • Result on the web

    <a href="https://dspace.tul.cz/server/api/core/bitstreams/e3431544-c3f9-41a3-81bb-fcef00c66f1e/content?authentication-token=eyJhbGciOiJIUzI1NiJ9.eyJlaWQiOiI5YjAwMzA5NC1kNzc1LTQwMWEtOGQ5YS05ZTdhN2QyNTEzZWYiLCJzZyI6W10sImF1dGhlbnRpY2F0aW9uTWV0aG9kIjoic2hpYmJvbGV0aCIsImV4cCI6MTc1OTczODk3Mn0.SwSvTKoK2NM4eist4I7KYGlb6HF2b07QZKoEvHmymO8" target="_blank" >https://dspace.tul.cz/server/api/core/bitstreams/e3431544-c3f9-41a3-81bb-fcef00c66f1e/content?authentication-token=eyJhbGciOiJIUzI1NiJ9.eyJlaWQiOiI5YjAwMzA5NC1kNzc1LTQwMWEtOGQ5YS05ZTdhN2QyNTEzZWYiLCJzZyI6W10sImF1dGhlbnRpY2F0aW9uTWV0aG9kIjoic2hpYmJvbGV0aCIsImV4cCI6MTc1OTczODk3Mn0.SwSvTKoK2NM4eist4I7KYGlb6HF2b07QZKoEvHmymO8</a>

  • DOI - Digital Object Identifier

    <a href="http://dx.doi.org/10.15240/tul/009/lef-2025-05" target="_blank" >10.15240/tul/009/lef-2025-05</a>

Alternative languages

  • Result language

    angličtina

  • Original language name

    Not Just About the Money: How Investors Evaluate Startup Risks

  • Original language description

    Startups are exciting but risky business. Today&apos;s investors look at more than just financial numbers when deciding where to put their money. This paper explores how both financial and non-financial risks affect and how startups are valued. The goal is to understand what kinds of risks matter most to investors and how these risks each other interact. To answer this, we reviewed ten peer-reviewed articles published between 2018 and 2024. These studies focus on topics such as cash flow, capital structure, ESG performance, team dynamics, and innovation. The findings show that investors are used to take a broad view. Weak cash flow can limit innovation, while issues with ESG or team quality can reduce a startup&apos;s chances of getting more funding and gaining real business progress. The paper also highlights how risk is seen differently in various parts of Europe, depending on local funding patterns. Startups that manage both types of risk effectively tend to grow faster and attract more stable investments. Financial indicators still matter, but soft factors like adaptability and leadership play a growing role in investor decisions as well. This paper suggests that founders should treat risk management as a strategic tool, not just a financial safeguard. By combining both perspectives, investors and entrepreneurs can mutually make more informed, long-term decisions about the future of a startup.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

  • OECD FORD branch

    50204 - Business and management

Result continuities

  • Project

  • Continuities

    I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Others

  • Publication year

    2025

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    PROCEEDINGS OF THE 17TH INTERNATIONAL CONFERENCE LIBEREC ECONOMIC FORUM 2025

  • ISBN

    978-80-7494-747-6

  • ISSN

    3029-8474

  • e-ISSN

  • Number of pages

    6

  • Pages from-to

    61-66

  • Publisher name

    Technical University of Liberec

  • Place of publication

    Liberec

  • Event location

    Liberec

  • Event date

    Sep 3, 2025

  • Type of event by nationality

    EUR - Evropská akce

  • UT code for WoS article

    001666192900005