What are the reasons startups can't hire good finance people? Or at least contract with an expert?
Is it a difficulty in judging their abilities when it's not your area? Is it something where only at a certain size would it be worth the reduced financial risk to have someone on it? Learning from scratch has to be the slowest, highest risk way of doing it -- which is the exact opposite of what a startup should be optimizing for (reduce risk where possible, move fast)
It seems like helping identify business talent is what an accelerator should be helping with, not becoming a half assed B-school for engineers..
There's some implicit assumption here that learning from scratch is better than hiring talent, and I think that's a mistake.
Is it a difficulty in judging their abilities when it's not your area? Is it something where only at a certain size would it be worth the reduced financial risk to have someone on it? Learning from scratch has to be the slowest, highest risk way of doing it -- which is the exact opposite of what a startup should be optimizing for (reduce risk where possible, move fast)
It seems like helping identify business talent is what an accelerator should be helping with, not becoming a half assed B-school for engineers..
There's some implicit assumption here that learning from scratch is better than hiring talent, and I think that's a mistake.