3 ms·
There's one other source for this data - Noam Wasserman at HBS did an extensive study of startups. His data (in The Founder's Dilemmas) shows that companies th
by danshapiro 14y ago
There's one other source for this data - Noam Wasserman at HBS did an extensive study of startups. His data (in The Founder's Dilemmas) shows that companies that make a "quick and easy" decision to split 50/50 received significantly lower first round valuations than teams that spent more time debating the split (although it then made no difference if the long-negotiated split was equal or unequal). He also believes anecdotally (but doesn't have data) that the quick-equal teams are less successful long term.
Great book, incidentally - this is from page 163, I highly recommend the whole thing.