Friday, February 16, 2024 5:59:05 AM
I've been a part of two early investor pools, and a few other late round participations. In each case the focus was not on the ROI but rather the capacity for the entity to be adept at operations as well as establishing milestones and effectively communicating progress against the milestones. The objective of each entity was to illustrate the ability to lay out a solid path and then repeatedly put one foot in front of the other. The idea was always to have a solid and transparent operations methodology to ensure succinct definitions of success and subsequent measurements for objective assessments.
I've found it's important to always understand that an organizations success is never defined by one instance. It’s defined a repeatability of successful instances. I grant that every "startup" organization is different but I also submit that there are common threads of operational norms/standards between successful "startup" organizations.
Remaining bullish... and hopeful,
K
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