426 research outputs found

    Letter to the Editor

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    Predicting Success in Equity Crowdfunding

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    Equity crowdfunding is an increasingly popular means of raising capital for early stage startups. It enables entrepreneurs to finance their companies with smaller contributions from a variety of people. This paper studies the relationship between the characteristics of a given company and its ability to raise funds on an equity crowdfunding platform. A series of statistical and machine learning models are fit to data from a U.S.-based equity crowdfunding website, including a logistic regression, a CART decision tree, a naïve Bayes classifier, and a support vector machine. This study demonstrates that a connection exists between the probability of a company’s crowdfunding success and its previous funding history, Twitter presence, media buzz, size, location, and its founders’ educational backgrounds. As a whole, however, the classification quality of the various models leaves something to be desired. This suggests the need for additional data inputs and more longitudinal research in the field of equity crowdfunding

    The Influence of Magnetic Field Geometry on the Evolution of Black Hole Accretion Flows: Similar Disks, Drastically Different Jets

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    Because the magneto-rotational instability is capable of exponentially amplifying weak preexisting magnetic fields, it might be hoped that the character of the magnetic field in accretion disks is independent of the nature of the seed field. However, the divergence-free nature of magnetic fields in highly conducting fluids ensures that their large-scale topology is preserved, no matter how greatly the field intensity is changed. By performing global two-dimensional and three-dimensional general relativistic magnetohydrodynamic disk simulations with several different topologies for the initial magnetic field, we explore the degree to which the character of the flows around black holes depends on the initial topology. We find that while the qualitative properties of the accretion flow are nearly independent of field topology, jet-launching is very sensitive to it: a sense of vertical field consistent for at least an inner disk inflow time is essential to the support of strong jets.Comment: 42 pages; 17 figures; Accepted for publication in ApJ (some new discussion and 2 new figures

    Music from the new world (June 12, 1997)

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    Music from the new world (June 12, 1997
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