[ragnarok451]

the advice nobody wants to hear but is actually true. ofc you also need to be highly competent yourself, but that is table stakes

[whatshisface]

Being competent is not table stakes, how can they tell who is competent?

[bredren]

Some of the points I listed do require some level of competence. (Such as authoring a popular OS project, or not losing existing wealth through poor judgement)

However, it does not necessarily mean the person has competence to be a good founder.