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