Startup Assessment

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This is a document I'm iterating on that outlines the various criteria that investors assess when looking at startup opportunities. Effectively this is intended to frame the potential return and level of de-risking of a deal. This is not intended to cover the financial terms (equity, etc) that an investor looks for - l'll leave that to the investors. I think it is helpful to anyone going through the startup cycles to run through and ensure you can answer all the questions included here.

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Shared by: Christian Gammill
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STARTUP ASSESSMENT working draft Team 50% Experience made investors money before worked on notable products/projects education from well known institutions Product 25% Differentiation a clear focal feature a clear unmet need a simple story Market 25% Traction registered active/users REVENUE & ARPU (ave rev per user) Viral Factors (WOM, referals, etc) Partnerships penned Addressable how big is market what channels access to channel partners Bus Model how will you make money is it highly scalable how long are sales cycles, etc Passion drive to win a love of the topic/domain contagious enthusiasm Leadership ability to ability to ability to ability to Experience simple and intuitive UI easy to get started trust building steps Behavior serve emerging consumer behavior serve current better (faster, easier, etc) not trying to teach new behaviors inspire a team manage a small team grow partnerships secure advisors/investors This is just a simple template to use to assess your own startup opportunity. It is a mix of a lot of what I've heard, read and learned being in the trenches. I'll be iterating on this and welcome your feedback to make it better. In a future version I'll be including more descriptions on each variable. Good luck! STARTUP ASSESSMENT working draft ctive/users ARPU (ave rev per user) s (WOM, referals, etc) hannel partners u make money e sales cycles, etc

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