- Early stage funding is focused on the attributes of the founders
- Founders should show determination, past experience in shipping products, open-mindedness, and domain expertise
- Initial ideas may need adjustments or complete changes, but it is important to start building something

I am of the mind of just get started with something.

And that's because we are funding companies at such an early stage that we're really funding the companies for the founders and for the attributes of the founders.

Have they been able to ship something in the past?

A lot of times, they don't get the idea right the very first time.

They might be in the general vicinity of being right, but then they have to adjust their idea.

Some founders totally fail with their idea and have to change completely, but I think it's more important to get started with something, build it, because your ideas always...


Speaker 0: I am of the mind of just get started with something. And that's because we are funding companies at such an early stage that we're really funding the companies for the founders and for the attributes of the founders. Do they seem determined? Have they been able to ship something in the past? Do they seem open-minded about things?

Are they domain experts? A lot of times, they don't get the idea right the very first time. They might be in the general vicinity of being right, but then they have to adjust their idea. Some founders totally fail with their idea and have to change completely, but I think it's more important to get started with something, build it, because your ideas always...

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You don’t need a billion dollar idea to get started.