Founders have long been the focus of mythology, fetishization and funding in the startup ecosystem. However, as high profile shakeups at startups like Genius, née Rap Genius, Tinder, Git Hub, Radium One and others have unfolded in 2014, the risk of a single point-of-failure becomes all too clear.
Upfront Venture’s Mark Suster calls it ‘hit by a beer truck’ planning though perhaps ‘hit by a lawsuit or pr fiasco’ is more fitting for the current crop of executive shakeups. No matter the name, building a team behind the founding team is perhaps the single most important task for an early stage company.
Read more: Entrepreneur