Table 1. Sample description; respondent...

Table 1.

Sample description; respondent characteristics and demographical data

Founder	N	%	Start-up	N	%
Gender			Founder team diversity
Male	450	83.33	Diverse	166	30.81
Female	90	16.67	Homogeneous	374	69.19
Total	540	100.00	Total	540	100.00
Education			Fate
High school	10	1.85	Exit	18	3.33
Bachelor	111	20.56	Active	463	85.74
Master	328	60.74	Closed	59	10.93
PhD/MBA	91	16.85	Total	540	100.00
Total	540	100.00
			Top regions
Serial founder			Bavaria	203	37.59
True	43	7.96	Berlin	81	15.00
False	497	92.04	Switzerland	64	11.85
Total	540	100.00	Austria	32	5.93
			Stage
			Bootstrapped	253	46.85
			Angel	82	15.19
			Seed	121	22.40
			Series A	44	8.15
			Series B	22	4.07
			Late stage	18	3.33
			Total	540	100.00
			Founding date
			2021–2022	117	21.67
			2019–2020	132	24.44
			2017–2018	104	19.46
			2015–2016	68	12.59
			Before 2015	119	22.04
			Total	540	100.00

Founder	N	%	Start-up	N	%
Gender			Founder team diversity
Male	450	83.33	Diverse	166	30.81
Female	90	16.67	Homogeneous	374	69.19
Total	540	100.00	Total	540	100.00
Education			Fate
High school	10	1.85	Exit	18	3.33
Bachelor	111	20.56	Active	463	85.74
Master	328	60.74	Closed	59	10.93
PhD/MBA	91	16.85	Total	540	100.00
Total	540	100.00
			Top regions
Serial founder			Bavaria	203	37.59
True	43	7.96	Berlin	81	15.00
False	497	92.04	Switzerland	64	11.85
Total	540	100.00	Austria	32	5.93
			Stage
			Bootstrapped	253	46.85
			Angel	82	15.19
			Seed	121	22.40
			Series A	44	8.15
			Series B	22	4.07
			Late stage	18	3.33
			Total	540	100.00
			Founding date
			2021–2022	117	21.67
			2019–2020	132	24.44
			2017–2018	104	19.46
			2015–2016	68	12.59
			Before 2015	119	22.04
			Total	540	100.00

Source: Authors’ own work