Startups Should Revolve Around Their Founders if They Want to Succeed Big
Andrew Payne
MARCH 8, 2016
From a statistical analysis of over 6,000 startups, the paper (and article) argue (roughly) that founders with board control, the CEO position, or both, can “harm the firm’s prospects, reducing pre-money valuation by up to 22%.” And all of the top US companies founded within ~30 years are/were founder led.
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