"We like megalomaniacs. We like people who have a desire for power and who are looking at a way of gaining power and expressing their ambition through that power."
"When we select people, we don't ask about ideas at all. We just want to understand them and their behavior and the way they think."
"Some of the founders that Entrepreneurs First backs start with little more than technical experience and a set of interests they've explored deeply."
"EF 100% helped us develop it."
Entrepreneurs First identifies potential founders based on specific traits rather than their startup ideas. The firm, founded in 2011, supports early-stage entrepreneurs, primarily aged 18 to 30, across various regions. Alice Bentinck emphasizes the importance of understanding candidates' behaviors and thinking processes. Founders often enter the program with technical skills and interests but no defined ideas. Successful examples include Kelvin Cui and Mustafah Khan, who developed their startup concept with the help of Entrepreneurs First after meeting during a project on self-driving cars.
Read at www.businessinsider.com
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