I’ve heard it said that startups run out of time before they run out of money.
Equally, Seth Godin says that the purpose of startups is not to raise money but to be successful – which suggests that talent is more important than money (but both are needed, of course). What do you think?
Hence, are startups looking for business angels with talent or business angels with money? (Of course, they really want both – we know that, but what is the priority?)