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Because it doesn't matter how personally, emotionally vested you are in a company if you don't understand how to run one, how to monetize, to find new customers
by mirashii 11y ago
Because it doesn't matter how personally, emotionally vested you are in a company if you don't understand how to run one, how to monetize, to find new customers, hire good managers and leaders, or a whole slew of other things which your team at a startup hasn't done before but a good investor knows how to advise on, or has connections with advisors who do. Success of a company is determined by a lot more than how invested your team is in the project.
- copsarebastards 11y agoWhat you're saying is correct, I'm just not sure why you think it's relevant. It's entirely possible to have both personal investment and competence.
- mirashii 11y agoIt is, but the point was more that bringing in an outside person who may be less invested but has some skill that falls outside of the team's existing range isn't necessarily going to decrease your chance of success. We have advisors and incubators for a reason.