//The Founder Looks Good on Paper…
I invested in a founder who looked perfect on paper.
* Clear vision
* Exceptional following
* First-hand experience
* Strong founder-market fit
I thought it was a compelling idea with the right person to build it.
But the founder got distracted.
Other opportunities pulled them in a dozen different directions.
They chased everything except the business they took investment for.
The result: the company has done nothing in 3 years.
Not because of the idea.
Because the founder wasn’t focused on execution.
I should have seen this from the start.
Now I know: if a founder seems like they have too much on their plate from the start, they do. They’re unlikely to suddenly focus and figure out how to build a company.
This is why my decision always comes back to the founder.
What I look for:
* A singular goal
* Passion and drive
* Grit and resilience
* Trust and integrity
* Focus and discipline
* Ability to communicate and sell the vision
At the earliest stage, the founder is the company.
That’s the investment