Fred Wilson Union Square Ventures

What Fred Wilson, Union Square Ventures says about topics vital to entrepreneurs

Building Product is about having the Right Team

Fred Wilson venture capitalist and Co-Founder Union Square Ventures

“The first stage of a startup, [] the Building Product stage is management light.  The team should be small [with typically five or fewer: the founder/CEO (usually the product manager), often a technical co-founder leading development, two or three developers and maybe a designer].

[] Building product is [about] having a small team [of] the right people [with] product, design and software engineering skills [who are] focused, committed and driven[,] [] working together, and [executing]. [] Management skills are not a requirement.”  Fred Wilson  The Management Team - While Building Product  Jan. 2, 2012;  http://www.avc.com/a_vc/2012/01/the-management-team-while-building-product.html