Solo founders beware: New report shows the ultimate team composition for startups looking for funding
3 dec. 2024
14:25
It’s no secret that investors aren’t just betting on ideas– they’re betting on people.
And now the data is clear: Having the right team around you matters – a lot – when you’re looking for funding for your company.
A new report from VC investor NGP Capital reveals what the ultimate team composition looks like for European tech startups. Hint: It helps if you have a PhD from Cambridge and three friends with diverse skills on board.
And now the data is clear: Having the right team around you matters – a lot – when you’re looking for funding for your company.
A new report from VC investor NGP Capital reveals what the ultimate team composition looks like for European tech startups. Hint: It helps if you have a PhD from Cambridge and three friends with diverse skills on board.
Many solo entrepreneurs dream of creating the next big tech startup on their own. But having a well-rounded team seems to be the key when it comes to convincing investors to back your company. Especially in Europe, where investors are drawn to founders who have consulting and financing experience rather than just tech expertise.
Those are some of the key findings in the report “A Decade of European Startup Founders” from NGP Capital, which investigated which factors led to fundraising success for European startups over the last decade.