Re:Has anyone just completed an exit?
by davidw on Tuesday December 15, 2009 @12:15PM
(#996885)
As someone whose closest proximity to a successful exit was a bunch of stock options in failed dot.com Linuxcare, I don't take umbrage at the requirement. They want to use that as a filter, let them. They'll miss out on some good people, but that's their choice, and as good as any in terms of screening people.
[ Parent
| on HN ]
Yeah, it is difficult to know exactly how to go about it. As Jim said
above we ran into the problem of too much noise when we presented the
idea locally.
No one wants to be excluded. On the same breath, when I started out I had many preconceived notions about the best way to run a company based on what I thought was common sense. Only by trying things and tracking the results was I able to see that the right approach wasn't always intuitive. I understand things now that I couldn't have known without the actual experience of starting the company and taking it through to the exit. I'd prefer to start the next venture with people already at that stage, if possible.
All that said, we're really most interested in people who are good friends; who have worked closely together and understand each other very well.