A strong business plan is most important when investing in start-ups

Wednesday, April 8, 2009 - 10:49 in Psychology & Sociology

Los Angeles, CA--April 8, 2009--When making investments, investors look for start-ups that have a strong business plan and a strong management team. A new study in The Journal of Finance reveals that while strong management is important, ultimately a strong business idea matters most to investors.

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