Tony Conrad on startups

A hybrid perspective: Tony Conrad, VC investor in Oddpost turned founder of Sphere

What lessons did you learn from Oddpost and other companies you have been involved that can be applied to any startup?

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The lesson is: Always start with an interesting problem to solve. When you start, you don’t know if its a big market. The startup process allows you to better understand how big the problem is that you want to solve and to determine how big the market opportunity is if you solve the problem.

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You have seen it as a VC and and entrepreneur, what are the top three factors that determine success of a startup?

I have worked with several startups as a VC and thinking back, I think some advice I got from Bill Draper early on, really works “Always bet on people, A-quality people won’t chase B-quality opportunities”.

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Via Thomas Gigold: StartupStories

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