VCs no longer value a founding team's background as much as profitability, and that could be yet another blow to waning founder-friendly terms in Silicon Valley

VCs no longer value a founding team's background as much as profitability, and that could be yet another blow to waning founder-friendly terms in Silicon Valley

Business Insider

Published

· According to a Pitchbook survey out June 25, investors valued a founding team's background less than they did in November 2019.
· The change coincided with an increased reliance on economically-resilient traits, such as business model and path to profitability, the study found.
· The shift is just the latest in the...

Full Article