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Why Startups Fail? Harvard Professor Analyzes Nine Years Worth of Data

Why Startups Fail? Harvard Professor Analyzes Nine Years Worth of Data | Online Business Models | Scoop.it

Robin Good: Interesting article on the New York Times reporting on the analysis done by Prof. Noam Wasserman, who has been hunting for many years to identify the reasons why startups and those who lead them fail so often.


Having recently published his findings in a book entitled “The Founder’s Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup” he has shared with Jessica Burder of the NYT some interesting insight from his research.

Here a few of interesting thing Prof. Wasserman has discovered:


a) Startup partnerships done with friends, relatives or family are very risky.


b) Dividing equity very early in the game is not a good idea.

c) CEO replacement is organic, especially if you have a good one.




Quite interesting. 7/10


To find out the reasons why, check the full article here: http://boss.blogs.nytimes.com/2012/05/25/a-harvard-professor-analyzes-why-start-ups-fail/?partner=rssnyt&emc=rss 

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Industry Trends from the Last Five Years: ShakeUp Ahead

Industry Trends from the Last Five Years: ShakeUp Ahead | Online Business Models | Scoop.it

Banks and Pharma are in trouble, while Internet, Online Publishing, e-Learning and Philantropy (among many others) are all zipping up. 

 

"How has our economy evolved in the past five years? Which industries are shrinking or growing through these challenging economic times?

 

These are some of the questions that the Council of Economic Advisors (CEA) delves into each February in the “Economic Report of the President” (ERP).

 

This year, the CEA worked with us to glean further insights into industry trends both during the recent recession and after its end in June 2009.

 

With the data and methodology in hand, we calculated the growth rates in industry size between 2007 and 2011."


Via Peter Hoeve
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