Finding Business 'Idols': A New Model to Accelerate Start-Ups

9 Pages Posted: 30 Jul 2007

Date Written: July 2007

Abstract

Just as Simon Cowell is revolutionizing the music business with his American Idol television series, a group of new entrepreneurs is quietly changing the face of the venture capital industry and entrepreneurship. American Idol has proved to be a major success in identifying and establishing entertainment stars. A similar Idol formula is emerging among a new wave of entrepreneurs and venture capitalists who are radically transforming the way high-tech entrepreneurs are identified, their businesses are launched, and the growth of their operations accelerated. We believe this is a highly significant development that has important implications for the way many other early stage companies may be launched and financed in the future.

Keywords: angel investor, american idol, venture capital, high-tech

Suggested Citation

Fishback, Bowman and Gulbranson, Christine A. and Litan, Robert E. and Mitchell, Lesa and Porzig, Marisa A., Finding Business 'Idols': A New Model to Accelerate Start-Ups (July 2007). Available at SSRN: https://ssrn.com/abstract=1001926 or http://dx.doi.org/10.2139/ssrn.1001926

Bowman Fishback (Contact Author)

Ewing Marion Kauffman Foundation ( email )

4801 Rockhill Road
Kansas City, MO 64110-2046
United States

Christine A. Gulbranson

Ewing Marion Kauffman Foundation ( email )

650.714.7478 (Phone)

Robert E. Litan

Council on Foreign Relations (CFR) - Council on Foreign Relations- Washington D.C. ( email )

1777 F Street, NW
Washington, DC 20006
United States

Lesa Mitchell

Techstars ( email )

1828 Walnut, 3rd Floor
Kansas City, MO 64108
United States

Marisa A. Porzig

Ewing Marion Kauffman Foundation ( email )

4801 Rockhill Road
Kansas City, MO 64110-2046
United States

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