Monday, 30 May 2011
What Makes A Startup Successful? Blackbox Report Aims To Map The Startup Genome
Generally speaking, the odds are stacked heavily against the average startup. The rate of failure among entrepreneurs and startups is startlingly high -- it comes with the territory. Otherwise, entrepreneurs wouldn't be pirates. But, what if there were a way to reduce that failure rate by cracking the formula of startup success? No easy feat to map the double helix of startups, but entrepreneurs are risk-takers by nature, so four of these ambitious international entrepreneurs came together to found the Startup Genome Report, a report that is part of a larger project that dives into the very anatomy of what makes Silicon Valley startups successful -- or not.