Summary of Ali Tamaseb's Super Founders

By IRB Media

Get the Summary of Ali Tamaseb's Super Founders in 20 minutes. Please note: This is a summary & not the original book. Original book introduction: Ali Tamaseb has spent thousands of hours manually amassing what may be the largest dataset ever collected on startups, comparing billion-dollar startups with those that failed to become one—30,000 data points on nearly every factor: number of competitors, market size, the founder’s age, his or her university’s ranking, quality of investors, fundraising time, and many, many more. And what he found looked far different than expected.

• Language: English
• Publisher: IRB Media
• Release date: Dec 10, 2021
• ISBN: 9781669343882

IRB Media

With IRB books, you can get the key takeaways and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience.

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Insights on Ali Tamaseb's Super Founders

Contents

Insights from Chapter 1

Insights from Chapter 2

Insights from Chapter 3

Insights from Chapter 4

Insights from Chapter 1

#1

The goal of this book is not to convince you that you should start a company, but rather that you should start a great company. To do this, you must understand biases and misconceptions, and cut them out of your own thought processes.

#2

The author compared the billion-dollar companies with the random group, and found that the former group was made up of founders who were between 26 and 35 years old, who had at least a bachelor’s degree, and who had raised at least $10 million.

Insights from Chapter 2

#1

The second principle is all about the people behind the company. Good ideas only get executed by good teams, and the hunt for the very best people has led many investors to lean on archetypes of great founders.

#2

The myth that most billion dollar startups begin with young, risk-taking entrepreneurs is untrue. In reality, most billion-dollar startup founders are in their thirties or forties.

#3

The average age of a founder of a billion-dollar startup is thirty-five. There is no appreciable advantage to being young or old.

#4

It's a common startup myth that having a co-founder is necessary in order to succeed. However, in reality, one in five billion-dollar companies was founded by a solo founder. Co-founder conflict can be a major reason for startups to fail, so look for ways to avoid it if possible.

#5

The wide variety of co-founders that successful startups tend to have shows the level of commitment each founder has to the project, as well as the diversity of skills and experience they bring to the table.

#6

Founders also need to decide who is the CEO of the company, as well as the division of labor and responsibilities between the two of them. Co-founders are not operational roles, and the more you have, the better.

#7

The debate of whether it’s better to have a technical or non-technical CEO is still up in the air, but research shows