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Notebook

Paragraph reporting statistics on the effect of multiple founders on a start-up's chance for success.
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A 25-year study of high-tech companies shows that multiple founders may increase a start-up's chances for success.

Larger founding groups start with more capital, generate more sales earlier, and work longer hours, the study reports. In one subgroup of 20 young companies, 63% of those with more than two founders performed better than average, while only 20% of those with one or two founders exceeded average performance.

-- From Entrepreneurs in High Technology: Lessons from MIT and Beyond, by MIT professor Edward B. Roberts, published this spring by Oxford University Press

Last updated: Jun 1, 1991




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