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By: Ken Rhodes

Michelle, I like to add a new dimension to your post. You wrote: >>the paper also highlights the significant risk and uncertainty inherent in any entrepreneurial venture. Having a big idea is not...

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By: Michelle Harner

Ken: Thank you so much for this addition to my post. I think it adds a very important dimension to the risk analysis and other drivers underlying entrepreneurial ventures. You are absolutely correct...

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By: A.J. Sutter

Michelle, the data in your linked paper pertains to venture capital-financed companies (see pp. 5ff), not companies like Ken's. A question worth pondering, and highlighted by your oversight and Ken's...

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By: Michelle Harner

A.J.: Thank you for emphasizing this distinction. I was focused more on Ken as a first-time entrepreneur, but I take your point on venture capital financing. I also agree with you that, although any...

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