You can recognize the Bad Investor Bird by its distinctive call, "Who else is investing?"
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Replying to @paulg
Also: “how much money are the founders putting in themselves?”
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Replying to @Venantius @paulg
This is a good question. Signals commitment from the founding team.
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Replying to @Molson_Hart @paulg
It is a terrible question. Having capital to invest precludes almost all first-time founders.
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Replying to @Venantius @paulg
That's definitely wrong. If you don't have some savings to throw into a business that you believe in, you ain't gonna make it.
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Replying to @Molson_Hart @Venantius
I didn't have any savings when we started Viaweb, and we made it.
4 replies 0 retweets 39 likes
Replying to @paulg @Venantius
Every good rule has exceptions. Successful founders are exceptional. You might even be more exceptional than that.
11:44 AM - 21 Aug 2019
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