Quote of the Day

They find that ambitious startups share certain qualities. Their names, for example, tend to be shorter and are less likely to include the founder’s name. They tend to be set up as corporations, not limited liability companies, and they are often incorporated in Delaware, a state known for its business-friendly regulations. They often apply for patents early in their corporate lives. By looking at those and other variables, Stern and Guzman calculate what they call an Entrepreneurial Quality Index — essentially a measure of how likely a new company is to achieve high growth.

- The Next Amazon (Or Apple, Or GE) Is Probably Failing Right Now