Someone asked me recently "do VCs care more about product or team?"

1. They care about making money
2. Three variables: market, team and product

But if you hold market as the constant (that's a big if), then team tends to be a stronger signal at the early stage, product at the later stage. Ideally you have both.

"Strong" and "weak" are multi-dimensional and hard to precisely define. Not deterministic.

@pmarca has an excellent blog post on this:

Someone asked me recently "do VCs care more about product or team?"

1. They care about making money
2. Three variables: market, team and product

But if you hold market as the constant (that's a big if), then team tends to be a stronger signal at the early stage, product at the later stage. Ideally you have both.

"Strong" and "weak" are multi-dimensional and hard to precisely define. Not deterministic.

@pmarca has an excellent blog post on this: https://pmarchive.com/guide_to_startups_part4.html

That doesn't make sense. Why do they care if your team is strong or weak?

I don't lift weights anymore, but that shouldn't make it harder to get funding...

Creator of /sands-of-sumaii - the Farcaster MMORPG | Game Designer at @game7

The blog post has some good examples.

Team is critical to execution. A strong product doesn't grow on its own. And people will see that the market is there and come in with competitors.

Dan I am messing with you again

I was trying to be funny and make it about weight-lifting :D

Soon you will understand my humor lol