linux 2012-7-23 11:33
選擇朋友做投資夥伴會降低成功幾率
<div> Thinking of going into business with a friend? Your relationship could cost you, according to research.</div><div><br></div><div> Researchers at Harvard University, in a study looking at friendship among venture capitalists, found that those who paired together based on how much they liked each other - as opposed to basing the decision on ability - were likely to see less success on their investments.</div><div><br></div><div> 'The Cost of Friendship' report by three authors - whether they are friends or not is not known - studied more than 3,500 venture capitalists from 1975 to 2003.</div><div><br></div><div> The study showed that if business partners of the same minority group worked together, their chances of a successful return dropped by 25 percent.</div><div><br></div><div> By the same token, those partners who went to the same college saw their chance of success drop by 22 percent, and by 18 percent if they started a business together before.</div><div><br></div><div> The report said: 'Collaborations based on characteristics unrelated to ability might suffer from a 'cost of friendship' and induce a negative relationship between affinity based similarities and performance.'</div><div><br></div><div> If you want to see a real-world example, just look at Mark Zuckerberg and Eduardo Saverin. While the pair have both reaped millions - in Zuckerberg's case, many billions - the pair had an hugefalling-out in the early days of the social network, as was portrayed in the film The Social Network.</div><div><br></div><div> The researchers said that the flip-side of working with friends included working with too many similarly-minded people, all sharing certain strengths and weaknesses, and potentially having poor decision-making as decisions would be made on a group basis.</div><div><br></div><div> However, it is unlikely that this report will stop friends starting businesses together - it is one of the most popular ways to set up a business.</div><div><br></div><div> But, as the authors, warn: 'To paraphrase Ralph Waldo Emerson, you cannot afford to be stupid with old friends when you are venture capitalists co-investing together.'</div><div><br></div><div> 在考慮和朋友合夥做生意嗎?研究表明,你的友情會讓你遭受損失。</div><div><br></div><div> 哈佛大學的研究人員發現,那些選擇交情好的人做合作夥伴的人,相比那些根據對方能力來選合作夥伴的人,在投資上更容易失敗。這些研究人員對風險資本家之間的友情進行了研究。</div><div><br></div><div> 這一研究報告名為《友情的代價》,由三個人共同撰寫完成,至於他們是不是朋友就不得而知了。該研究在1975年到2003年間調查了3500名風險資本家。</div><div><br></div><div> 研究顯示,如果選擇朋友作為自己的生意合夥人,他們的投資成功率將減少25%。</div><div><br></div><div> 同樣,那些上同一所大學的合夥人投資成功的幾率會減少22%,如果過去曾合夥創業,那麼成功幾率將減少18%。</div><div><br></div><div> 報告稱:“根據與能力無關的性格來確立合作關係,將可能‘因友情而付出代價’,而且關係親密的人相似點較多,這種相似性會對工作業績產生消極影響。”</div><div><br></div><div> 如果你想了解現實世界的例子,只需看看馬克·扎克伯格和愛德華多·薩維林就知道。儘管這兩人都獲益數百萬美金以上(扎克伯格是上百億),但是正如電影《社交網路》中所描述的,他們卻在社交網站創立初期大吵一架。</div><div><br></div><div> 研究人員稱,與朋友合夥的弊端在於,和太多想法相似的人一起工作,這些人擁有同樣的長處和弱點,在集體做決定時,可能會做出糟糕的決定。</div><div><br></div><div> 不過,這一報告也不大可能會阻止朋友們一起創業,畢竟這是最普遍的創業方式之一。</div><div><br></div><div> 但是,正如作者們警告的那樣:“改寫一下愛默生的話:和老朋友一起做傻事沒什麼,但如果你是要和老朋友一起做風險投資,那你可輸不起。”</div>