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Thinking Person

Entrepreneurship is often thought of as an art, a skill you hone over time – but is there a science to it too? That’s what The Startup Genome Report, a new in-depth study, set out to discover.

Based on information submitted by over 650 Internet startups, the report sets out clear stages of a startup’s development and identifies distinct types of companies. The project aims to make this data available widely in order to increase the success rate of startups and accelerate pace of innovation around the world. Cracking the startup ‘genetic code’

The Startup Genome Report is the work of three men – Bjoern Lasse Herrmann, Max Marmer and Ron Berman – who set out to ‘crack the code’ behind success or failure amongst Internet startups. The team is also responsible for the Blackbox accelerator and the Blackbox Mansion, which we recently profiled as a “Playboy mansion for geeks“. So, what prompted this new, in-depth study? “Max and I came together in December to find a scalable way to accelerate startups,” explains Herrmann. “We were inspired by the global explosion of entrepreneurship and its positive impact.”

 

To read the full, original article click on this link: The Startup Genome Report turns entrepreneurship into a science