All else equal, a venture-capital-backed entrepreneur who starts a company that goes public has a 30 percent chance of succeeding in his or her next venture. First-time entrepreneurs, on the other hand, have only an 18 percent chance of succeeding, and entrepreneurs who previously failed have a 20 percent chance of succeeding. But why do these contrasts exist? HBS professors Paul A. Gompers, Anna Kovner, Josh Lerner, and David S. Scharfstein examine the topic in depth.
Content: Article
Authors: Anna Kovner, David S. Scharfstein, Josh Lerner, Paul A. Gompers
Source: Harvard Business School (HBS)
Subject: Entrepreneurship
Authors: Anna Kovner, David S. Scharfstein, Josh Lerner, Paul A. Gompers
Source: Harvard Business School (HBS)
Subject: Entrepreneurship
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