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To the list of things business cofounders could bring, I would also add "deep domain knowledge." For example, if it's a site on selling foos to wumpats, you'd b
by larsberg 16y ago
To the list of things business cofounders could bring, I would also add "deep domain knowledge." For example, if it's a site on selling foos to wumpats, you'd better have spent all of your years before bschool in either the foo industry, working for wumpats, or hopefully some of both.
As a tip, though, I usually just ask bschooler-types a few basic questions like 1) how many foos are bought today 2) how do wumpats make their purchasing cycle (i.e. enterprise, individual, etc.) 3) who are the existing competitors in this space... Most bschoolers, despite having these questions drilled into them over and over during their 60k/year schooling, don't bother doing the legwork to investigate them before looking for a "technical cofounder."
- ultrasaurus 16y agoI think that's a good point. So many business decisions are made on gut feeling, and then we make a spreadsheet of wumpats sales to back up our gut. If all someone brings to the table is "I think this will work" that's essentially nothing.