4 principles that give me confidence in startups in the early stage: 1🔺 Work with elite founders 2🔺 De-risk the process at every turn 3🔺 Venture-appropriate incentives, governance, & decision-making 4🔺 Keen focus on being capital efficient 1 and 2 can be hit and miss. 3 is largely inevitable for #startups in the wild, but very challenging for #corporateventures. 4 is not as common as you would like to think! ❓ How do you see it?
Great list, but how do you define “elite founders?”
Curious Venture Wright, Venture Building, Agriculture, Sustainability.
9moI think the better corporates who are building ventures already know how to solve no. 3 and the others are coming around.