There are three philosophies of investing. You can optimize for: 1- great teams or 2- great markets or 3- great solutions At seed-stage (<10 people), I'm now firmly a believer in the "invest in great teams" approach. They seem to move mountains to fix for #2 and #3.
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the only constant!
Teams can get better, but for sure, of the three, it is the most constant.
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For sure. IMO the founding team is a constant. They're either special or not. Been lucky enough to see this play out in many ways.
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When they’re not is the most frustrating part of startups!
End of conversation
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