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by dpezely 1224 days ago
The combined professional network of founders and initial investors can minimize impact and effects of many factors discussed in other comments here.

"If you need to make a single cold call in the first 2-3 years, consider your network might be insufficient."

Such cold calls would include finding: co-founders, investors, customers, service providers, manufacturers, employees, etc.

Mind you-- I got this wrong in my own startup that didn't survive. Having advised founders and non-tech entrepreneurs in Seattle, SF and Vancouver and of those who heeded the advice, they succeeded where I didn't. E.g., when I had a co-founder flake on me, my network was insufficient to have another person I could trust to step in as subject matter advisor. Not that I would have expected that advisor to write code but perhaps to guide me through the principles of the niche topic such that I could then find the right contractor or employee.

Likewise, for some businesses including certain SaaS: picking your first customers carefully often requires a chain of trust in both directions; i.e., your network.