From TechCrunch:

When venture capitalists invest in early stage startups, more than anything else they are investing in the founders of the company and their ability to lead their employees through the most improbable set of circumstances to take an idea from a germ to a real and profitable business. In this guest post, Ben Horowitz of VC firm Andreessen Horowitz explains the leadership traits he and his co-founder Marc Andreessen look for before they invest in a startup.

So what makes people want to follow a leader? We look for 3 key traits:

  1. The ability to articulate the vision
  2. The right kind of ambition
  3. The ability to achieve the vision