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I see, but sometimes there are such statements like "we invest in founders". Founders are expected to execute on stuff. And if I had been given full time in a l
by amts 4y ago
I see, but sometimes there are such statements like "we invest in founders". Founders are expected to execute on stuff. And if I had been given full time in a low cost country with good internet infrastructure I'd execute on >80% on startup related things.
On the other hand, I can quote a founder in quantum mechanics in favor of providing optimal living conditions for startup founders. Would it sound redundant or whatever?
- debarshri 4y ago"We invest in founders" actually means the founders have hustle in them. They have perseverance, when things are going south, they will hold post and keep the organisation motivated. Having a good internet infrastructure is 5% of the problem when if comes to startup. The issues that you will face are as follows - Not able to find PMF, Not able to hire good talent, not able to raise new capital, new competitors popping up all the time. As a cofounder, it is not about just building the stuff, building the solution is 5% of the problem statement, as a cofounder you have to have the ability to navigate through difficult times and have the perseverance for that.