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“Ultimately, the team you build is the company you build”

inoviacapital.com

47 points by michaelrlitt 13 years ago · 13 comments

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aashaykumar92 13 years ago

I wish the central idea here resonated across VC firms. Caring about the team and what they will bring should be prioritized but it just isn't among many VC's. Most VC's, if they even care to look at the individuals before the business plans, financial models, etc., only really look at the founders. And it's funny that more don't prioritize looking at the entire team considering the one's that are known for doing so are the one's at the top, year in and year out...a16z is a great example.

Running a company is like being a good coach, at least that's the way I like to look at it. Herb Brooks (coach of the 1980 US Ice Hockey Team) was known for saying "I'm not looking for the best players, I'm looking for the right ones". Likewise, you can have the 8 best engineers in the world but unless they work well TOGETHER, your company isn't going to go very far at all.

Bottomline: More VCs should pay attention to the entire team--not just the founders--and especially way more than the 5yr business plans, financial models, etc. because these will most likely change a fair amount, the team won't as much. If the brains are there and those brains work well together, you've got a recipe for success.

muzz 13 years ago

What happened to CTO Edward Wu?

He seems to have been part of the original founding team and CTO but no mention of him in the past ~1 year.

[edited, linked to previous post from Inovia] http://inoviacapital.com/2011/11/inovia-capital-is-proud-to-...

bhubris 13 years ago

Congratulations to the Vidyard team! Looking forward to what they bring next to the video platform.

overload119 13 years ago

Didn't realize there were two videos in that player -- the second one is pretty funny.

jjtheblunt 13 years ago

Good thing the vc doesn't use commas correctly. Red flag.

beachstartup 13 years ago

unless inovia has invested in disqus (not in the portfolio page from what i can see), it looks a little tacky to have Disqus advertising on your VC company's blog.

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