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They invest in the story and the founders, so you need a great story (Zenefits etc), a Zuckerberg lookalike (Clinkle etc) or something similar.
by nikanj 10y ago
They invest in the story and the founders, so you need a great story (Zenefits etc), a Zuckerberg lookalike (Clinkle etc) or something similar.
- Snowdax 10y agoThe three usual metrics that are used are "Team", "Market" and "Product" with investors focusing more on one or the other. I'm fairly certain that investors who focus on team and market over the product metric are the ones who will continue to get burned by this sort of scenario. This isn't the last company that will try to peddle vaporware and get away with it for an extended period of time.