There is no definition of the term ‘start-up’ that any two entrepreneurs or investors agree on. Most would likely concede, though, that start-ups are firms that are (relatively) young which attempt to set something in motion. Start-ups are increasingly popular among university graduates. Twenty-eight per cent of graduates from the Master of Business Administration (MBA) programme at the Stanford Graduate School of Business now seek jobs in start-ups, up from less than 20 per cent five years ago. Only traditional banks remain more popular, with 31 per cent of graduates choosing them for their further professional development. Meanwhile, in a recent piece for MarketWatch, journalist Catey Hill lists ‘academic’ among the ‘5 once-prestigious jobs that are now B-list as fewer and fewer top talents are drawn into this sector.
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