Startup Validation: Difference between revisions

Startup Validation (view source)

5 bytes removed , 23 December 2022

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 == Criteria ==
-. Strong team who worked together for 6m+, ideally with experience in industry most relevant to the project.
+* 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.
+* 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.
+* 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)
+* Decent market size (revenue potential)
-. Clear exit option.
+* Clear exit option.
 == Team ==