Startup Tribes: Social Network Ties that Support Success in New Firms

To answer the question how networking plays a role in entrepreneurial success, we have shown through the lens of social network analysis that online social network structure could be considered as efficient indicators to predict startups overall performance. Social network analysis techniques are applied on a big network, which is generated according the following and followers structure on Twitter.com for 644 ICT operating startup companies. A set of network structure related measures are developed to link with overall company performance. The main findings include the better the startups are connected within the startup community “tribe” and occupying the better “position” within the community, the more successful they are. In addition, no matter within or outside the community, the structure of one’s friends is closely related to the business success also. AMCIS TV LINK: https://youtu.be/bVOMdK9TiF