Wow. No Charisma, No Funding - Says Study In Harvard Business Review
By Tom Foremski - January 21, 2010
Startups should put away their business plans and find a charismatic CEO if they want to raise funding. That seems to be the finding of a study reported in the Harvard Business Review:
Executives at a party, were fitted with devices that recorded 'social signals' such as their tone of voice, gesticuation, and proximity to others.
This study is one of several that found that it is possible to predict who will succeed in salary negotiatins, and in other busness activities. The researchers say they are monitoring 'honest signals." Professor Sandy Pentland says that 'honest signals' is a biological term.
He added:
Read the rest of this article here on Harvard Business Review:
Defend Your Research: We Can Measure the Power of Charisma - Harvard Business Review
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Comments (1)
Maybe this is the "Hollywoodization" of the VC industry. Show up in a designer suit, a rented Porsche, some sidekicks, and you get the money...
Posted: January 22, 2010 5:06 AM