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For founders, building the right team is critical to lasting success. But the right one isn’t always what we assume it to be, and choosing wrong can prove detrimental at best to a start-up and ruinous at worst. In fact, in his 2021 Harvard Business Review article “Why Start-Ups Fail,” Tom Eisenmann, Howard H. Stevenson Professor of Business Administration, notes that “a broad set of stakeholders, including employees, strategic partners and investors, all can play a role in a venture’s downfall.” Put more bluntly, a “dream team” may end up being a wolf in sheep’s clothing.
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