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From what I can tell is that "traction" can give you entry into the right network and circles. Entry then gets you opportunity to funding. University circles,
by interactivecode 4y ago
From what I can tell is that "traction" can give you entry into the right network and circles.
Entry then gets you opportunity to funding.
University circles, family connections, previous job or internship networks can also get you entry.
- rexreed 4y agoFor every thousand startups struggling for traction and to get market/fit, there's the one founder with the right connections that will get there faster and with more funding because they have the right network and connections to accelerate product/market fit, fund raising, and attracting the right team. Not having the right network isn't a guarantee of failure by any means, but it certainly isn't as optimal has having a network with people in the right places. Having the right network and connections trumps almost everything else, in venture-backed startup world that is.