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When investors bet on an early stage startup, they are betting on the team. This is startup fundraising 101, the track record of the team is what shows they wi
by doublerebel 7y ago
When investors bet on an early stage startup, they are betting on the team. This is startup fundraising 101, the track record of the team is what shows they will stick it out and find a solution.
These are three people who know product! But they could be totally wrong about how the market will take the product, and have to be willing to work together and possibly pivot until they find product-market fit.
Finding teams like this pre-product is what makes early stage investment so valuable. There should be no confusion about the focus on team and vision.
I am stoked to see cloud scale tooling become even closer to the hardware, and become more accessible. The completeness and openness of the stack is what attracted me to -- and kept me on -- Joyent's products. Best wishes on your new venture!!