Founder readiness and commercial instinct matter most
Press Space for next Tweet
You can't push PhDs from zero to founder. Creator Fund (@CreatorFund) CEO Jamie Macfarlane (@MacfarlaneJamie): "We've been unsuccessful when we found people who have never thought of starting a company and we pushed them. You've got to be 60, 70% of the way there." Big asks of founders: > somehow getting them to "100%" > how much to raise > first 18 months shenanigans > cap table > hiring > pitch simplification "It's dangerous to invest if someone doesn't have a commercial bone in their body. We're interested in, are you 60% of the way there? You've built something, you know it's commercial, but you just don't know where to start."
Topics
Read the stories that matter.The stories and ideas that actually matter.
Save hours a day in 5 minutesTurn hours of scrolling into a five minute read.