The Founder's Dilemmas

Title: The Founder’s Dilemmas
Date: 2012-10-31
Speaker: Noam Wasserman (HBS)
Link: Entrepreneurial Thought Leaders
 
Just because you are founding does not mean life events will stop happening to you.Failure is a fact of life.
A high percentage of startups are going to fail.
The interpersonal and the human are the key reasons why ventures fail.
Teams that are friends and family are the least stable of all of the teams.
If you split (equity) early on the chances are a lot higher you’re going to do an equal split.
Use if-then-else in your equity split agreement.
Founders focus on the best case scenario.
You’re going to pivot, on average, three times.
Just because you are founding does not mean that life events will stop happening to you.
Don’t underestimate the uncertainties.