The Most Influential Team Attributes When Predicting Start-up Success : A quantitative study of 25 430 European new ventures

Sammanfattning: Digitisation, quantitative analysis, and data-driven methods have been used for investment decision support for more than two decades within the finance sector, however there are great differences of its adoption in different parts of the financial market. One part of the market that has not yet achieved a high level of adoption is the Venture capital (VC) industry. In this study, quantitative analysis will be applied to a dataset of 25430 early stage start-ups in Europe to determine which characteristics of a founder and executive team are most influential when predicting start-up success. This study is part of an effort towards the digitisation of the industry, enlightening quantitatively robust insights into evaluating the teams of new ventures, and reducing bias in the venture capital investment process. It is also part of an effort in bringing insights to current and aspiring entrepreneurs about the most important start-up team characteristics, something that could be used to become a better entrepreneur or build a more efficient and well balanced entrepreneurial team.