Founder personality and entrepreneurial outcomes: A large-scale field study of technology startups.

ABSTRACT: Technology startups play an essential role in the economy-with seven of the ten largest companies rooted in technology, and venture capital investments totaling approximately $300B annually. Yet, important startup outcomes (e.g., whether a startup raises venture capital or gets acquired) remain difficult to forecast-particularly during the early stages of venture formation. Here, we examine the impact of an essential, yet underexplored, factor that can be observed from the moment of startup creation: founder personality. We predict psychological traits from digital footprints to explore how founder personality is associated with critical startup milestones. Observing 10,541 founder-startup dyads, we provide large-scale, ecologically valid evidence that founder personality is associated wit

SUBMITTER: Freiberg B 

PROVIDER: S-EPMC10175740 | biostudies-literature | 2023 May

REPOSITORIES: biostudies-literature