Wasatch Girl: Opportunity vs ‘Capturability’
David
· 1 year ago
What do you do when you feel the market gap would be there if the management team were different? Try to strengthen the management team? Improve the capital situation?
WasatchGirl
· 1 year ago
Definitely switch out the management team.
In early stage VC we invest so early that we are basically making a bet on the passion and drive of the entrepreneur. Often, the founder is a technologist who is great as a CTO but we need to add a CEO. Or, is a great CEO to a certain level of growth who will then transition elsewhere in the company when a new CEO steps in.
Carolynn Duncan
· 1 year ago
Rachel,
This post is amazing. Thanks for sharing your thoughts on opportunity & "capturability". I'm going to add this to my library that I share with new entrepreneurs re: market potential.
You rock! :)
WasatchGirl
· 1 year ago
Carolynn, Thanks for the positive comment. Glad my thoughts were of use. =) Best. Rachel
All Comments
In early stage VC we invest so early that we are basically making a bet on the passion and drive of the entrepreneur. Often, the founder is a technologist who is great as a CTO but we need to add a CEO. Or, is a great CEO to a certain level of growth who will then transition elsewhere in the company when a new CEO steps in.
This post is amazing. Thanks for sharing your thoughts on opportunity & "capturability". I'm going to add this to my library that I share with new entrepreneurs re: market potential.
You rock! :)
Thanks for the positive comment. Glad my thoughts were of use. =)
Best.
Rachel