Last week, StockX cofounder Josh Luber left the company he started in 2016. Luber helped build StockX into a $1 billion startup. It hasn’t gone public yet.
StockX is probably in good hands. But Luber’s departure illustrates a problem that faces all startup investors — founder risk. When you invest in a startup, you’re investing in the founders and their ability to deliver. And navigating that risk is what separates average startup investors from really good ones.
In this week’s Startup Insider, Andy Gordon and Vin Narayanan talk about how to manage founder risk and the different ways that risk plays out. They also discuss the recent wave of IPOs that have taken the market by storm and look ahead to some upcoming IPOs.
Thanks for watching!