Portal de Periódicos da CAPES

Finding Business 'Idols': A New Model to Accelerate Start-Ups

2007; RELX Group (Netherlands); Linguagem: Inglês

10.2139/ssrn.1001926

1556-5068

Bowman Fishback, Christine A. Gulbranson, Robert E. Litan, Lesa Mitchell, Marisa A. Porzig,

Entrepreneurship Studies and Influences

Just as Simon Cowell is revolutionizing the music business with his American Idol television series, a group of new entrepreneurs is quietly changing the face of the venture capital industry and entrepreneurship. American Idol has proved to be a major success in identifying and establishing entertainment stars. A similar Idol formula is emerging among a new wave of entrepreneurs and venture capitalists who are radically transforming the way high-tech entrepreneurs are identified, their businesses are launched, and the growth of their operations accelerated. We believe this is a highly significant development that has important implications for the way many other early stage companies may be launched and financed in the future.