Team by Stage of Funding

At each stage of funding the startup will need a team to accomplish the goals.

Here’s the team configuration at each stage:

PreSeed – Founder and technical cofounder.

The early-stage team needs someone building it and someone selling it.

Seed — Founder and technical cofounder.

The founder sells the product or service and the cofounder builds the minimum viable product.

Seed+ — Founder and technical cofounder.

The founder continues selling the product and the cofounder turns the MVP into a standard product.

Series A — Founder, technical cofounder, and product person.

The founder continues selling the product alongside a product person managing direct sales and channel partners.

Series B — Founder, CTO, CFO.

The founder works on scaling strategies and the chief technical officer and chief financial officer are hired to scale the business.

Series C — Founder, CTO, CFO.

The founder works on building new products while the chief technical officer and chief financial officer continue to grow the business with new products and entering new geographies.

Series D — Founder, CTO, CFO, and acquisition specialist.

The founder works on acquiring other businesses to fuel the scaling growth of the company with the help of the acquisition specialist.

 

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.

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Thank you for joining your host Hall T. Martin with the Startup Funding Espresso — your daily shot of startup funding and investing.

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Hall T Martin is the director of Investor Connect, which is a 501(c)(3) nonprofit dedicated to the education of investors for early-stage funding. All opinions expressed by Hall and podcast guests are solely their own opinions and do not reflect the opinion of Investor Connect. This podcast is for informational purposes only and should not be relied upon for the basis of investment decisions.