Startup Validation: Difference between revisions

Tags: Mobile edit Mobile web edit
Tags: Mobile edit Mobile web edit
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== # Criteria ==
== Criteria ==
Strong team who worked together for 6m+, ideally with experience in industry most relevant to the project.
1. Strong team who worked together for 6m+, ideally with experience in industry most relevant to the project.


Proven demand, ideally in the form of paying customers, ideally with a strong growth curve.
2. Proven demand, ideally in the form of paying customers, ideally with a strong growth curve.


A business model with an unfair advantage that prevents competition from eroding margins in the future (if idea has proven successful) and gives pricing power.
3. A business model with an unfair advantage that prevents competition from eroding margins in the future (if idea has proven successful) and gives pricing power.


Decent market size (revenue potential)
4. Decent market size (revenue potential)


Clear exit option.
5. Clear exit option.


== # Team ==
== # Team ==
22

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