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 Alternative , 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