Saturday, December 21, 2024

The rise of the founder parent  – UKTN

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For many founders, startups can feel like their babies. They spend late nights tending to their needs, sacrifice their social lives for years and do whatever they can to see them grow.

But, according to a new study, more and more founders in the UK are building their tech startups alongside building their families, giving way to the rise of the founder parent. 

Antler, one of Europe’s most active early-stage venture capital firms, recently conducted an internal study of its 450-strong portfolio to understand how common the founder parent is. 

Among its own portfolio, the number of founder parents has doubled since 2021 to 40 and according to its research, the growing trend may be beneficial. 

Almost three quarters (72%) of Antler’s entrepreneur parents said raising a family has made them better founders, forcing them to be resilient and solve problems efficiently. 

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