“…A stream in the entrepreneurship literature has studied the entrepreneurs' side of investment deals and investigated "do and don'ts" in convincing potential investors (Clark, 2008). Some authors have explored the qualities of a successful pitch (Komulainen et al, 2020) as well as how to frame and sell an entrepreneurial idea (Dvouletỳ, 2017). Furthermore, the literature has studied how the selection is influenced by the quality of ideas (Boudreau et al, 2016), the use of portfolio approaches and stage gates (Brasil and Eggers, 2019), and several contextual factors-for example, the people pitching the ideas (Brooks et al, 2014), the evaluators of the ideas (Mueller et al, 2018), the presentation of ideas (Lu et al, 2019), the interplay between idea generation and selection (Harvey and Kou, 2013), past and current decisions (Helfat, 1994), and feedback (Wooten and Ulrich, 2017).…”