Entrepreneur characteristics and the success of venture exit: an analysis of single-founder start-ups in the U.S.

Despite much interest in the characteristics of entrepreneurs and their impact on venture performance or survival of start-ups, the relationship between such entrepreneur characteristics and successful venture exit has largely been unexplored. This paper explores the impact of the entrepreneur’s pre-entry industry experience, general education, and post-entry labor on entrepreneurial exit. We distinguish closing down of a venture from the...