The number one thing new investors need to know, is that it's all about who is around the table. It's not only about the idea or the founder, it's the composition of the table. And it starts with the founder, duh, obviously. But then who did they bring onto the team? And then it's about who the fou

I've seen a lot of companies fail due to lack of understanding of their costs and a realistic view of what it would take to break even. So many just want to be a "lifestyle business", which means they're okay with just making ends meet rather than putting the pedal to the metal and building a real b