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Why Investors Rank New Businesses By Leader Quality

don3ethos   •   Blog, carousel-post, Leadership   •   April 23, 2015

As an Angel investor in early-stage startups, I’ve long noticed my peers’ apparent bias toward the strength and character of the founding entrepreneurs, often overriding a strong solution to a painful problem with a big opportunity. In other words, the entrepreneur quality is more important than the idea — in investor jargon, people invest in the jockey, and not the horse.

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