Research: The Risks of Founding a Startup Near Big Companies
Harvard Business
NOVEMBER 12, 2024
Yet these areas are dense with talent for a reason: It’s often due to the presence of large firms with whom these fledgling companies must compete. In a new study, researchers found that when large firms increase their hiring, startups in the same location are forced to offer 10% higher salaries, while reducing their expected growth by 36%.
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