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Monday, September 26, 2022

Are Former Startup Founders Less Hireable? | HBR

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The research indicates that interviewers favor non-founder applicants over founders, notwithstanding founders’ superior performance.

Over ninety percent of high-tech businesses fail within a few years, and even successful founders often seek regular employment upon leaving. However, former entrepreneurs with a successful firm were 33% less likely to be asked for an interview than their counterparts with a failed venture: This shows that recruiters may be more interested in the compatibility and dedication of applicants than in their ability.

According to our study, recruiters’ preferences for non-founders and failed founders over successful founders were most significant in older, more established companies. Generally, recruiters assumed past founders would have a more extensive skill set, a growth attitude, and a passion for innovation.

Source: https://hbr.org/2022/06/are-former-startup-founders-less-hireable

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