1% founders

What is a 1% founder?

Sometimes my feedback to founders includes, "I don't see you as a 1% founder". What do I mean?

Across the skill sets that founders need, you need to rank in the top 1% of founders.

This is hard. You are competing with other founders who all have these skill sets way more than the general population.

You can be really good at these and not be 1%. It's not an insult.

The bar is high.

#founders #startups #venturecapital #buildinginpublic #investinginpublic

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Evening update - 31 July 23