According to Wasserman [Wasserman, N., The Founder's Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup, Princeton, NJ: Princeton University Press, 2012], 37% of startups have a VP of sales on board prior to their 1st investment round (57% after their 4th round); 22% have a VP of marketing (37% after their 4th round).
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