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Startup Validation: Difference between revisions
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== Criteria == | |||
* 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. | |||
* 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) | |||
* Clear exit option. | |||
== Product / Product-Market-Fit / Demand / Market == | == Product / Product-Market-Fit / Demand / Market == | ||