Table 3

Descriptive statistics

Firm or founder feature(s)Frequency
Sector of activity
Consumer & Retail29%
Enterprise Tech27%
Financial Services20%
Healthcare & Life Sciences5%
Industrials13%
Media & Entertainment4%
Insurance1%
Geographical area
West80%
North16%
Southeast4%
Founding period
2002–20064%
2007–201120%
2012–201968%
2020–20228%
Team size
Solo founder13%
Two founders35%
Three founders37%
Four and more founders15%
Mean2.65
Gender
Male96%
Female4%
Age
Under 4043%
40–5453%
55–695%
Level of education
MD39%
BD37%
PhD11%
MBA11%
Secondary School3%
Kind of education
Management41%
Computer Science23%
Engineering12%
Other12%
Finance7%
General School education3%
Economics2%
Law2%
Start-up experience (Number of other organizations founded)
050%
129%
212%
35%
4 or more5%
Number of management experiences
039%
120%
213%
314%
4 or more14%
Number of other career experiences
032%
130%
215%
314%
4 or more9%

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