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I think attracting top talent is a point worth exploring. Surely with all venture back start ups , having money to attract talent doesnt mean you will attract t
by dougSF70 5y ago
I think attracting top talent is a point worth exploring. Surely with all venture back start ups , having money to attract talent doesnt mean you will attract talent. ...competitors have money too. Furthermore, what is top talent? From a top school? Possibly, but not definitely. Also has anyone shown that top talent is a necessary and sufficient condition for success. Personally I think the measures of assessing talent are moderate predictors of success. Scarcity of resource drives up talent costs not effectiveness of talent (i.e. the talentedness of candidates)
- dougSF70 5y agoAdding to this, there are plenty of well funded start ups stuffed full of talent that have failed. Talent is one ingredient, but if the product is good enough you probably dont need to pay for top talent,you only think you do.