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The Startups Most Likely to Succeed Have Technical Founders Who Quickly Hire Businesspeople

Harvard Business

Our empirical analyses are based on a comprehensive data set on German startups. Established in 2008, the KfW/ZEW Start-Up Panel is a representative survey of German startups. We suspect the costs of skill diversity are higher within the founding team, which has to agree on a joint strategy, than between founders and employees.