Founders

Welcome to @elad, a multi-time founder and a prolific angel investor.

You can learn more about him here: eladgil.com

He’s kindly agreed to do an AMA. Reply with your questions. :)

Investors tend to be reasonably skeptical, and extremely novel ideas can be hard to vet. When encountering a moonshot project with extremely cutting edge research that requires deep specialization to understand, what do you look for to overcome the skepticism gap?

BDFL of Quilibrium, Eng @ Farcaster, ex-Coinbase, always opinionated, never hydrated

/quilibrium

1. Is there a clear tech/science path forward and 1 or 2 key issues to overcome (versus 20)

2. Are they hiring really well

3. Are they shipping increments / proof points fast or run like academia?

Regarding 2: hiring is frequently contingent on money — if said company is raising a seed, short of paying in equity (which essentially only selects financially well off people), how does a founder overcome this catch 22?