Turning talent into impact
Entrepreneur First co-founders Matthew Clifford and Alice Bentinck set out to build the world's leading talent hub - home to the most ambitious people - and have so far helped more than 1,200 individuals create over 200 companies worth some US$1.5 billion.
THE business of investing in startups is complex. Sure, venture capitalists would tell you to bet on disruptive companies with high growth potential and outstanding founders.
But how does one prepare to part with his money, keeping in mind that these infant businesses are typically unprofitable and have unproven business models? How to confidently seek out a winner amid all the noise? When it comes down to it, there really isn't a Golden Rulebook to consult.
That said, there are some things that, a few years ago, most in the industry would probably have agreed on: Don't fund individuals before they have a company, for one. It's also best to stay away from teams that have only known each other for a few weeks. And don't fund people before you know what exactly they are going to work on.
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