5 Ways to Make Your Startup a Choice Investment
Startup Professionals Musings
JUNE 2, 2013
The single most important ingredient of success is not the idea, but having a team in place that has impeccable integrity, can iterate the product quickly, pivot the business model as necessary, and keep costs down in the process. This requires a visible focus on the company’s revenue model, the costs to get there, and cash on hand. No VC or Angel investors I know are interested in a bunch of angry, crammed-down small investors as co-shareholders.