Joining a Start-up

A start-up is defined here as an organization that is still private and 10 years of age or younger. HBS adjusted this definition in 2018. Where possible, start-up data has been updated to reflect this change. Data is unavailable for the Classes of 2014 and 2015.

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Founding a business
Number of founders
66%
Have a cofounder
51%
Connected with a cofounder at HBS
21
Businesses making social impact
3.87
Average number of employees
When Decided to start business
  • Prior to coming to HBS
  • 2nd Year Term III
  • 1st Year Term II
  • 1st Year Term I
  • 2nd Year Term IV
  • Summer between 1st Year & 2nd Year
  • After Graduation
Industries Represented
  • Technology
  • Financial Services
  • Health Care
  • Consumer Products
  • Services
  • Consulting
  • Entertainment / Media
  • Nonprofit / Government
  • Retail / Trading
  • Manufacturing
Locations Represented
United States 83%  
Mid-Atlantic
1%  
Midwest
3%  
Northeast
63%  
South
1%  
Southwest
3%  
West
11%  
International 17%  
Asia
4%  
Europe
4%  
Latin America
7%  
Middle East & North Africa
1%