If you're bootstrapping a SaaS then you're probably right. If you're building something big, like a Square, BankSimple, Spotify, etc then your chances of success drop considerably. Especially on the raising money front.
It's a really odd term though. A lot of non-tech founders aren't necessarily business guys (MBA's). They may have a lot of knowledge in a space, eye for design (Jobs), ability to lead a team and build a product & biz that grows.
It's a really odd term though. A lot of non-tech founders aren't necessarily business guys (MBA's). They may have a lot of knowledge in a space, eye for design (Jobs), ability to lead a team and build a product & biz that grows.