As an Angel investor in early-stage startups, I’ve long noticed my peers’ apparent bias toward the strength and character of the founding entrepreneurs, often overriding a strong solution to a painful problem with a big opportunity. In other words, the entrepreneur quality is more important than the idea -- in investor jargon, people invest in the jockey, and not the horse.
Why Investors Rank New Businesses By Leader Quality
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 3437 days ago
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