The More Experience You Have, the Worse You Are at Bootstrapping
Harvard Business Review
JULY 22, 2015
Studying 837 mass-market movies released between 1996 and 2003, they collected data on the movies’ producers and their prior experience. For the financial resources, they used each movie’s production budget. All the movies were released by a major Hollywood studio and played on at least 1,000 screens in the U.S. (The
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