What is Venture Capital (VC)

Decision making in venture capital involves a lot of work. Venture capitalists must consider a number of issues when selecting an investment. To date, however, little research has been conducted on how artificial intelligence would impact the venture capital decision-making market. Therefore, this chapter extends previous contributions aimed at exploring the relationship between artificial intelligence and venture capital decisions. Evidence shows that artificial intelligence may influence venture capitalists' decisions in a number of ways, such as recognizing firms with high chances of success, assisting venture capitalists in choosing better investments, etc. However, there are also a number of barriers that venture capitalists face in adopting artificial intelligence. The originality of this chapter is the development of items that can be used to measure stages of artificial intelligence. Indeed, it provides some recommendations for how best to integrate artificial intelligence into the decision-making process of venture capitalists.