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Day: January 24, 2013

It’s all about the survival of the founding team

All startups start with an idea. Usually, the idea comes from one individual, who has a problem that existing products cannot solve efficiently. In some cases, the “efficiency” is linked to “how you feel about” the existing solutions, e.g. higher price, cumbersome usability, outdated design, limited functionality, etc. What ever the reason, you decide to do something about it. You speak to few close friends and their friends, and eventually find few who might want to join you to build a product and create a tech startup in the process. Unless you have founded a company before, or have worked…