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8 common mistakes startup founders make, according to former executives at Facebook and Foursquare

Zoë Bernard   

8 common mistakes startup founders make, according to former executives at Facebook and Foursquare

Oceans Venture Group

Moxie

  • Startup founders get gobs of cash, but little guidance.
  • Three former executives with experience working at companies like Facebook, Google, Apple, and Foursquare are providing a mentorship program that's tailored to the startup set, called Oceans.
  • Here, they break down the most common mistakes they see founders making.

In the past few years, startups have received an unprecedented influx of capital.

While entrepreneurs might have an easier time getting funding, they're often confronted by problems that aren't solved by money. Indeed, so much interest from investors can actually cause more problems.

One new program called Oceans is hoping to guide startup founders in building successful companies. Founded by three tech veterans, who between them have experience working early on at companies like Facebook, Google, Apple, and Foursquare, Oceans is attempting to help entrepreneurs steer clear of common mistakes.

In an interview with Business Insider, Ocean co-founders Josh Rahn and Steven Rosenblatt outlined the errors that they see entrepreneurs making most often.

Here's the top eight mistakes they said they see the most:

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