What Makes Startups Succeed

November 2005
by Joel Kurtzman

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Every large and successful
company was once a startup struggling to survive. Only a small percentage of
startups succeed. Thanks to a study conducted over a period of about four
years, we now have some answers to questions such as:

·      What factors are most responsible
for a startup’s success?

·      What differentiates a successful
startup from one that fizzles and dies?

·      How important are factors such as
boards of directors, seasoned management, cutting-edge technology, marketing
and business models?

·      How do venture investors help or
hinder startups?

·      Are there important differences
between venture-funded startups and those that bootstrap their way to success?

·      How important is leadership for

·      How important is technology?

·      In sum,

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