Grant: Hiring for cultural fit boosts IPO odds but slows post-IPO growth
Adam Grant · a16z Podcast | How to Be Original and Make Big Ideas Happen · Jan 2, 2019 · at 33:05
Wharton professor Adam Grant references a landmark study of Silicon Valley startups to demonstrate how early-stage hiring strategies impact long-term corporate performance.
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“Founders who hire on cultural fit are less likely to see their startups fail, and they're more likely to make it to IPO. And then after IPO, their firms grow at a much slower rate than the ones that hire on skill or potential.”
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