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Why Startups Fail? Harvard Professor Analyzes Nine Years Worth of Data

Why Startups Fail? Harvard Professor Analyzes Nine Years Worth of Data | MARKETING & BUSINESS HIGHLIGHTS (bilingual) | Scoop.it

Robin Good: Interesting article on the New York Times reporting on the analysis done by Prof. Noam Wasserman, who has been hunting for many years to identify the reasons why startups and those who lead them fail so often.

 

Having recently published his findings in a book entitled “The Founder’s Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup” he has shared with Jessica Burder of the NYT some interesting insight from his research.

Here a few of interesting thing Prof. Wasserman has discovered:

 

a) Startup partnerships done with friends, relatives or family are very risky.

 

b) Dividing equity very early in the game is not a good idea.

c) CEO replacement is organic, especially if you have a good one.

 

 

 

Quite interesting. 7/10

 

To find out the reasons why, check the full article here: http://boss.blogs.nytimes.com/2012/05/25/a-harvard-professor-analyzes-why-start-ups-fail/?partner=rssnyt&emc=rss 


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Rescooped by Rose Marie DeSousa from Startup Revolution
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How to Build a Billion Dollar Startup

How to Build a Billion Dollar Startup | MARKETING & BUSINESS HIGHLIGHTS (bilingual) | Scoop.it
The quickest way to create a billion dollar company is to take basic human social needs and figure out how to mediate them on-line. (Look at the first wave of the web/mobile/cloud startups that hav...

Via Stewart Townsend, Felice Vitulano, Martin (Marty) Smith
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