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Thanks for the insight Paul. As an outsider, it's quite interesting to understand how (successful) startups get formed. It's funny that in my field (economics/
by zzleeper 16y ago
Thanks for the insight Paul. As an outsider, it's quite interesting to understand how (successful) startups get formed.
It's funny that in my field (economics/finance) we treat startups as black boxes, and we have no clue about how they work. We argue that they are "crucial to the economy and to growth", but yet we haven't made any progress at understanding [1] them.
Do you guys think that we (academy) have any chance at finally understanding/modelling what you do?
[1] "Understanding" = Either writing a mathematical model, or test some hypothesis with a few regressions.
- pg 16y agoThere are certainly a lot of important and so far mostly unstudied phenomena there. How much of it you could talk about in conventionally publishable economics papers is another question, though.
- johnglasgow 16y agoPaul was interviewed at CrunchUp this summer, and he briefly talked about what they have learned works and doesn't work. The video can be found on TechCrunch. - 2 founders is best - founders should have known each other for a while before starting the company - team is much more important then idea