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First Time vs Serial Entrepreneurs

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105 pointsworldvoyageur8 comments

The point he makes is a very good (though not original) one. This makes me wonder how well will a program that connects the two types will work - Take a first timer with a great idea, pair him with a serial entrepreneur who has no ideas and great stuff may happen.

Unfortunately it's hard to find as good an analogy for this in the music world, maybe new artist and experienced producer?

If you're talking about an incubator like YCombinator where they'd co-found a company, it'd be very difficult as the more important question is whether they can work together.

That was what I was implying, yes. Do you really think it will be hard for most people to work together towards a goal they both share and want?

I'm sure there will be conflict, but I doubt it'll be more than any other partnership.

This is also what you see VCs insist on in many cases- So called "Adult Supervision", wherein you might adopt an experienced CEO who knows how to run a company, even if he doesn't have the same drive for this particular idea.

Sometimes the VC brings in "adult supervision" in the form of an experienced serial entrepreneur, which can be great. Sometimes the VC brings in "adult supervision" in the form of an MBA with many years of experience as a consultant or investment banker and zero experience founding or even managing a company, which can be not so great.

that was twitter. jack and ev and biz

At this point, it is a bit sketchy and weird that all of Twitter's execs and board members continue to keep Noah's name out of the picture, especially with all of the press on the matter recently. Especially since Noah has always been such a mellow and humble guy. Avoidance of future lawsuits, I bet.

I'm just glad he believes in the existence of great ideas. This is a further extension of the evolution from idea + market fit > product > business.

It's easy for a person with expertise in one area to feel his/her ability is the most important.

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