Research on the phenomenon of serial entrepreneurship suggests that new venture creation is a complex skill that can be honed through practice. Specific attributes of work history, such as related industry experience, have been shown to be related to resource acquisition (Colombo et al., 2004). Entrepreneurs with greater entrepreneurial experience may be better connected to VC networks. This suggests that prior entrepreneurial experience will serve as a positive cue for the prospective venture capitalist. Moreover, the failure to report any entrepreneurial experience may be interpreted as a negative cue. Taken together, we hypothesize: