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20VC: How I Lost Airbnb at Seed Because of an Exploding Term Sheet | Investing Lessons from Roelof Botha & Peter Thiel | Why VC is Less Collaborative Than Ever and Great Companies Are Being Destroyed by Too Much Cash with Kevin Hartz @ A*
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
Embrace the Power of One Exceptional Founder
The strength of a startup often hinges on the exceptional abilities of a standout founder rather than the collective skills of the founding team. While a strong brand like Sequoia can attract talent, it is the unique capabilities of a single, exceptional founder that truly drives a company's success. This founding figure can effectively leverage support from mentors and advisors for areas of improvement, such as market strategy or engineering, which can help avoid early pitfalls. Historical examples, like Stripe and its founders, illustrate the potential of a compelling leader whose distinct skills can significantly enhance a company's trajectory. Ultimately, skill diversity within a team is valuable, but the 'spikiness' of a top founder remains the crucial factor for long-term success.
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