The public discourse in startup land has recently focused on the value add an investor can bring to the table. Value add indeed does make a difference; at the same time though, we tend to neglect the original value an early stage investor contributes to a company. This post is an attempt to bring the discussion back to the basics.
A startup’s most precious asset is its founders. And everyone’s most precious asset is our time. Thus, a startup’s most precious asset is its founders time.
As simple as this may sound, its implications are not always straightforward. What’s more, founders time provide a clear framework that can serve you well in most of your decisions. Let me provide some examples.