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Current top seed investors make investment decisions (in pre-traction startups) almost entirely based on their own relatability to the founders, because it take
by staunch 11y ago
Current top seed investors make investment decisions (in pre-traction startups) almost entirely based on their own relatability to the founders, because it takes so much more work to judge actual merit so early.
But top startups make their hiring decisions almost entirely based on the skills of the candidates, because they can't afford to be at all self-indulgent. So this probably is a good thing and serves as a merit-based backdoor for some otherwise underestimated people.
- nedwin 11y agoMore than a few of the companies you might call "top startups" hire exclusively from the alma mater of their founders. ie Stanford, Harvard. Still hiring exceptional developers but with a slant on where they are coming from.
- deleted 11y ago[deleted]
- staunch 11y agoI'd call those "hot startups" myself and they tend not to be hot for long.