3 ms·

is there a tl;dr to this

• JumpCrisscross 10y ago
  You didn't even click the link... The abstract: "This paper uses a randomized field experiment to identify which start-up characteristics are most important to investors in early stage firms. The experiment randomizes investors’ information sets of fund-raising start-ups. The average investor responds strongly to information about the founding team, but not to firm traction or existing lead investors. We provide suggestive evidence that team is not merely a signal of quality, and that investing based on team information is a rational strategy. Altogether, our results indicate that information about human assets is causally important for the funding of early stage firms, and hence, for entrepreneurial success."
  • overcast 10y ago
    We must abstract further! Investors care mainly if you went to Stanford or worked previously at Amazon/Facebook/Google.
• deleted 10y ago
  [deleted]
• deleted 10y ago
  [deleted]
• deleted 10y ago
  [deleted]