Team Values

tbd.

Startup Culture

A 2002 study by the Stanford Project on Emerging Companies (SPEC) collected and analyzed the most comprehensive database on the histories, structures, and cultures of Silicon Valley startups at its time. The study identified six different models of cultures that evolved over a 15-year period among 200 companies in the Valley. SPEC’s research revealed that one of the six cultures had a 100 percent survival rate through the dotcom bubble, was the fastest to go to IPO, and continued to hit growth targets as a maturing public company.

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Details about each model:

The startups with the commitment model were by far the most successful (faster to go public, higher profitability ratios, fewer layers of managers, less wasted time on internal rivalries and individual agendas, less employee turnover, greater commitment to their customers).

Source: Organizational Blueprints for Success in High-Tech Start-Ups: Lessons from the Stanford Project on Emerging Companies, James Baron and Michael Hannan, California Management Review 2002