There’s a topic I’ve been thinking about for quite a while and that topic is startup hiring. Yesterday, I decided to write this post after reading a post by one of the people’s who’s thinking I thoroughly respect on startups. I’m talking about Hunter Walk’s post a few days ago on Hiring Momentum. It’s hard to overstate the importance of this activity when building a successful company.
People who have built successful startups and those who have invested in these companies talk about a number of factors that contribute to startup success. The fact of the matter is that research has shown that product/market fit is the top determinant of success. Just to drive the point home, no less of a figure than Marc Andreessen famously wrote on the subject a number of years back. At the Founder Institute, we spend quite a bit of time analyzing (along with experienced startup CEOs) each entrepreneur’s idea and getting them to validate some of their key assumptions. Thanks to this effort, the results in Colombia have been pretty phenomenal.