65% of startups fail due to co-founder conflict, according to Harvard professor Noam Wasserman. To help you avoid conflict, we’ll give you the tools you need to determine the right equity split, including the framework to measure contributions, case studies and more.
Founder and Managing Director, Mean Eyed Cat Venture Labs
October 5th, 2016
Management and market are the two things I consider. Management includes both the core team, and it must be a team not a single entrepreneur, and the advisors. In the team, I'm looking for domain knowledge, startup experience and balance between the technical and business functions. The advisors must be experienced in the space and have a focus on the business side. the more experience they have the better. I'll also look at the lawyers and accountants selected to ensure they have the skills and experience to help the venture grow. In terms of the market, I like to see they ave validated it and can provide quotes/anecdotes to support the value proposition. The more customers they have spoken with the better.