Startup Founding Team
– Principal Founder May Not Be the CEO
Startup Founder Profile – Most startup founders are persons who possesses entrepreneurial ambitions and has envisioned or developed a product or service that is new and needed in the market place. Most new products or services are created by technical people; therefore the majority of Principal Founders (PF) are technologists.
A Strong Founding Team – Is the most important factor that professional investors consider when making decision to invest in a startup. The preferred “Strong Founding Team” has three team members with these skill sets:
1. CEO with strong management and leadership skills.
2. CTO with proven expertise on company’s core technology
3. VP Sales/Marketing with good knowledge of the market and proven ability to obtain paying customers... More |