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> the market will figure out Unfortunately, start-ups don't function like normal businesses. If they can't get their name out there sufficiently, they'll die b
by stagbeetle 10y ago
> the market will figure out
Unfortunately, start-ups don't function like normal businesses. If they can't get their name out there sufficiently, they'll die before the market takes its sweet time "figuring it out."
Demo-day results are suggestive, just like SAT scores. It's a measure of the founder's ability to sell (which is arguably the most important task for a CEO).
It doesn't matter if it's a great product. Amazing products have been created and destroyed when the founders couldn't market it to an audience.
- reneherse 10y agoCould you provide some examples of companies that died because of the CEO's inability to "sell"?
- stagbeetle 10y agoUnlikely, but that's not the point I'm arguing.