Founders Fund (Day One)

Posted: June 21st, 2009 | Author: Cory Levy | Filed under: Entrepreneurship | Tags: | Comments

Spending time at the Founders Fund has been great.  I have had a blast and will continue to make the most out of it! 

Let me briefly tell you about my first day.   Justin Fishner-Wolfson (the guy who I am interning for) was in New York, so I arrived and met Ken, Luke, Brian, and Andrew.  Andrew gave me a brief overview on the importance of accounting in both the venture and startup world.  Through our two conversations that day, I learned that you have to know accounting when starting a company…with that said, I will definitely be taking classes on accounting in college.  

I then heard a company (that will remain nameless) pitch to the Founders Fund.  This particular company had a preexisting relationship with a couple of the people working at the Founders Fund.  Relationships and having a strong team are key in the venture and startup world. One could say that most important part of a startup is arguably the team.  The idea constantly evolves and changes…but the team will always be the same.

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