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by crdb
4029 days ago
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Months, not days (really, this "I want it tomorrow" culture is quite harmful). And yes, I do think developers who become co-founders or C-levels should take some time to familiarize themselves with basic legal and financial concepts as well. Things like optionality and the time value of money, and protective provisions. And basic accounting. And, in our case, international tax and labour laws. Helps when those discussions come up. Helps filter out incompetent but slick sales types (after all, Sturgeon's Law also holds for businessmen). Nevertheless, it's not black and white. I personally think that being familiar with a little bit from all the fields that you will eventually touch as a founder, is immensely value adding. But if you have a good network in a trustworthy environment, you can get away with not. |
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Obviously, if you are going to be an entrepreneur, you need to know your business, and that includes the high-points from all divisions, but that is a far cry from your first recommendation.