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I met 273 start-up founders last year. And each one was looking for money. As a tech investor, my goal was to sort through everyone that I met and make a quick determination about which ones had the potential to make something really big. But what makes a great founder? This is a question I ask myself daily. Some venture capitalists place bets based on a founders previous background. Did they go to an Ivy League school? Have they worked at a blue-chip company? Have they built out a big vision before? Effectively, how smart is this person? Other VCs asses a founders emotional quotient, or EQ. How well will this person build teams and build rapport across customers and clients? I have a different methodology to assess start-up founders, though, and its not complicated. I look for signs of one specific trait. Not IQ, not EQ. Its adaptability: how well a person reacts to the inevitability of change, and lots of it. Thats the single most important determinant for me. I subscribe to the
