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Reader question: First-time entrepreneurs

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.

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Written by Andrew Chen
March 8th, 2008 at 12:18 am
  • http://startupsquad.com Vivek Puri

    what’s your email address?

  • Jonathan C

    Ditto Vivek’s question. What’s your email address?

  • http://www.findthatmoney.com/index.php?file=helpinginvestor Entrepreneurs

    That was very good reply for your published question, this quite interesting in performing. I hope this leads to the real qualifier and finds the best path for all the entrepreneur’s.

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