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Entrepreneurs who start on their own more likely to succeed: researchers
- dredmorbius 7y agoThe topic suggests numerous variants of confounded study design and bias. - Solo founders may face a steeper selection curve, therefor more bad ideas are weeded out. - Conversely: multiple founders might get an easier pass. - Investors might jam together multiple founders who are poorly suited. - Solo start-ups face lower costs, and have a lower minimum altitude. - Coordination problems. With only one person, you've got fewer disagreements over what to do / how to do it. That's based on reading the article, but not the research itself. (Thanks to dang for the title rewrite, the article's headline is torture.)
- respinal 7y agoThanks for summarizing the content! I concur, the original title of this article is super long and confusing.
- dredmorbius 7y agoSelf-reply. The paper: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3107898 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3107898 On methodology: "A stratified sample of 65,326 Kickstarter project creators was surveyed via email. Of those projects, 10,493 completed part of the survey (16%) and 7,788 (12%) completed the entire survey.' That's already several forms of sampling bias: Kickstarter vs. conventional start-ups, and a < 1:6 self-selected response rate. Sampling can make or break a study. This one is off to a poor start. "Response rates varied by amount pledged with larger projects responding at a higher rate." The discussion fails to not most of the confounding factors I've listed, though it notes "this research is descriptive in nature owing to the fact that founders have agency in choosing with whom to found a business".