Andrew Chen

Q: They said that investors should invest in the founding team behind the product, not the product itself. This poses a dilemma for first time startup founders. What is a passionate first timer to do?

Posted by ctwodt

A: Here are the steps I’d follow:

1. Move to San Francisco
2. Meet investors that know how to judge first-time team in early stage situations
3. Get funded, and start a company

Anyone who is having trouble doing this, particularly if you’re from an engineering background, please e-mail me and I am more than happy to help.