Venture capitalist Howard Hartenbaum of August Capital explains the team-building process of a startup. Hartenbaum was a founding investor in Skype and is on the Forbes Midas List of top venture capitalists. Hartenbaum describes the startup team from the perspective of an investor.
In their passion to succeed, too many entrepreneurs treat friends and family investments as “low-hanging” fruit, only to find out later, after a stumble, that the pain of lost relationships is greater than the loss of their beloved startup. Other entrepreneurs never start their adventure, because they can’t face the prospect of even approaching friends […]