“…Second, while the specific human capital developed at prior affiliations can provide signals of quality (Bidwell et al., 2015; Ho, 2009; Rivera, 2016), the social capital, values, and mental models built at former organizations may also strengthen individuals’ aspirations for interpersonal attraction and social similarity (Kuwabara et al., 2023; Lazar et al., 2020; Vissa, 2011). FTs that have coalesced partially on common memberships may have developed preferences for working with others affiliated with the same professional organizations – for example, based on their values, attitudes, or personalities – and predispose their firm to a culture that prioritizes tie homophily.…”