Our friend, Zach Shulman is a partner at Cayuga Venture Fund. In this recent blog post, he talks about the importance of the entire team, not just the management group or the superstars.
You all likely know that most VCs consider the management team to be the top measure of potential success of the venture. This post is not about that point, at least not directly.
I want to instead focus on the importance of the entire team (not just management) and the importance of making sure that the team can play together. I am going to use my past weekend’s soccer experience as an analogy.
I organized and played on an Over 40 soccer team this past weekend in a small tournament in Ithaca. There was no Over 50 bracket or I would have played in that! So, there were 4 total teams in the Over 40 bracket. Two teams from Ithaca (one of which was mine) and then one team from Vermont and one from Binghamton. You are going to have to trust me that no matter how in good shape you might be, playing 4 soccer games in one weekend when you are over 40 means that you can barely walk come Monday. Advil turns into candy.