Public companies are safer, more boring, less innovative, and take fewer risks than startups, right? That’s a pretty common perception, but now we have a better picture of precisely how much less innovative companies that go public truly are: 40 percent.
Stanford professor Shai Bernstein tracked almost 2,000 technology companies that went public. After the IPO, companies became more “incremental,” less ambitious … and lost their top inventors and innovators. Mediocre performers, however, stayed behind.
To read the original article: IP-uh-O: Going public kills the startup magic, decreasing innovation by 40% | VentureBeat
