I think this assumption is one of the problems that many hackers face. The media likes to present (and we like to believe) that having business experience is NO

I think this assumption is one of the problems that many hackers face. The media likes to present (and we like to believe) that having business experience is NOT very necessary. That's right as long as you don't have to raise money. Even google's terms of financing required a season businessman as a CEO (Eric Schmidt). Bootstrap or get a founder with business experience. Three CS co-founders makes it even more difficult to raise investor capital, but much easier for finding additional hires.