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The question is: For which skills will the CEO build deep personal expertise, and which will they outsource to other founding team members?” The skills most frequently mentioned as crucial during early stages include product design and development, pitching, and assembling a founding team. Cofounders are crucial.
Over the past few decades, Silicon Valley has been such a powerful engine for entrepreneurship in technology that, all too often, it is considered to be some kind of panacea. The Silicon Valley model, for all of its charms, was developed at a specific time, for a specific industry, which was developing a specific set of technologies.
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