Hiring people culturally similar may sounds sensible in theory, but it may not be sensible in practice. I haven't seen stats on startup hiring, but I read this

Hiring people culturally similar may sounds sensible in theory, but it may not be sensible in practice. I haven't seen stats on startup hiring, but I read this about investment, which in my opinion stands a good chance of having a similar effect: http://hbswk.hbs.edu/item/7069.html http://hbswk.hbs.edu/item/7069.html "The probability of a successful exit outcome decreases by 18 percent if two venture capitalists who previously worked at the same company partner up in the syndication. The likelihood of success drops by 22 percent if co-investors attended the same undergraduate school. The negative effect of shared affinity is even stronger when it relates to ethnicity: Collaborating with someone from the same ethnic minority group comes at the expense of a 25 percent reduction in performance."