Have a Target Customer and Compelling Product

Kathryn Gould, Foundation Capital

Kathryn Gould, co-founder of Foundation Capital, talks about how a startup’s success relies on two critical factors: identifying a target customer and having a compelling product. Gould, interviewed by tech-industry journalist Mike Malone, also explains that competition for entrepreneurs is more likely the startup that launches after them, and not the incumbent they seek to unseat.