Q: They said that investors should invest in the founding team behind the product, not the product itself. This poses a dilemma for first time startup founders. What is a passionate first timer to do?
Posted by ctwodt
A: Here are the steps I’d follow:
- Move to San Francisco
- Meet investors that know how to judge first-time team in early stage situations
- Get funded, and start a company :)
Anyone who is having trouble doing this, particularly if you’re from an engineering background, please e-mail me and I am more than happy to help.