Brown Forum for Enterprise reveals top mistakes

Panel of entrepreneurs, investors, and lawyers rank "undervaluing the importance of your management team" #1

...The Brown Forum for Enterprise on Jan. 24 had a panel of serial entrepreneurs, venture capitalists, technology startup investors and lawyers discuss the top 10 mistakes entrepreneurs make...

...Robert Valentini, president and CEO of Myomics Inc., an early stage Providence-based biotechnology company, said he could speak with the perspective of someone who has successfully spun technologies out of universities and watched others struggle.

“The common bond for the ones that were successful were that they did go out and assemble a management team,” Valentini said. “Those are the people that got financing.”

The ones that struggled didn’t realize most serious investors place more emphasis on the team than the actual technology, he said...

Full Story: Some mistakes hurt more than others in business Source: Providence Business News, February 4th, 2008