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January 20, 2012

The Startup Management Team Stages by Fred Wilson

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Fred Wilson, VC blogger extraordinaire, recently completed a great series of posts talking about the management team of a startup and how that management team evolves throughout the life of a startup. He describes the stages as Building the Product, Building Usage, and Building the Business.

Here are my 140 word summaries of his posts for those too lazy to read the whole posts:
The Management Team – While Building the Product – A small team that covers product, design, and software engineering skills all focused on working together to get stuff done.

The Management Team – While Building Usage – Grow the engineering/product team and find a good leader to manage the engineering team. Then, find someone for each area of the startup company: customer support/community, marketing, business development, sales team (maybe), and maybe Business Operations/HR/Finance/Legal.

The Management Team – While Building The Business – Build a management team starting with a senior management team. Find a partner in the company building process. Define company culture. Enjoy the challenge…it’s hard, but fulfilling.

This is some really good insight. I can think of startup companies in Las Vegas that are in all of these stages. Although, most of them in the Vegas Tech community today are in the Building the Product stage with some in the Building Usage and Building the Business stages.

I love the way looking at these stages can help to focus a company that lacks focus.

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