I’m
always looking for evidence of early startup characteristics that might
be predictors of long-term success. Every investor has his own list,
usually based on his own very small sample, or simply his gut feeling.
Of course, we would all like to have a magic list based on more definitive tracking of many real startups over time.
In that context, I recently came across an old study of 27 startups
featured in Inc’s annual “Anatomies of a Start-up,” done for “The
Journal of Business Venturing,” and published by George Gendron
in Inc Magazine. As it turned out, 17 of the 27 companies were still in
business seven years later, which is at least double that of other
studies.
I’m
always looking for evidence of early startup characteristics that might
be predictors of long-term success. Every investor has his own list,
usually based on his own very small sample, or simply his gut feeling.
