Former entrepreneur and current venture capitalist Mark Suster has an interesting post on his blog “Both Sides of the Table” about his hiring suggestion to early stage companies. His “ideal team” at the seed or Series A round (assuming 6 people) is made up of a CEO who doubles as head of product management and 5 engineers. That’s it, no one else. However, his recommendation to startups about who they should hire after they have a product built and shipped and have raised that first $2-3 million is somewhat surprising:
Your first hire after that first round of capital is an office manager/company-wide assistant.
Read Mark’s reasoning here.