Case Studies of Organizations and Organizational Communication in the Media
In a paper presented yesterday at the Kauffman Entrepreneurial Finance and Innovation Conference, three business school professors put forward evidence supporting an idea that many have long suspected: former founders make more effective venture capitalists than those without entrepreneurial experience.
The authors hypothesize that the presence of former founders within venture capital firms reduces the information gap between entrepreneurs and VCs, helping firms more deftly assist entrepreneurs in the nuances of starting a business.
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