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Startup Validation: Difference between revisions
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== Product / Product-Market-Fit / Demand / Market == | == Product / Product-Market-Fit / Demand / Market == | ||
==== Vision ==== | ==== Vision & growth journey ==== | ||
* What is the Mission and Vision of your company? | * What is the Mission and Vision of your company? | ||
* Where do you want to be in 5 or 10 years? | * Where do you want to be in 5 or 10 years? | ||
* | * How do you see your further growth journey? (e.g. further VC-Rounds, Exit) | ||
* How fast do you need to grow in order to succeed? | |||
* How soon do you you want to optimize for profitability? | |||
* Which kind of longterm margin do you think is realistic? Why? | |||
==== Businessmodel & | ==== Businessmodel, Moats & Competition ==== | ||
* How would you describe your business model? | * How would you describe your business model? | ||
* Why does the market opportunity exists? Why did no one else capture that market yet? | * Why does the market opportunity exists? Why did no one else capture that market yet? | ||
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* What are power dynamics between different players in your market? (e.g. different vendors/partners, competitors, costumers) | * What are power dynamics between different players in your market? (e.g. different vendors/partners, competitors, costumers) | ||
* How are contracts structured generally speaking? | * How are contracts structured generally speaking? | ||
==== Competition ==== | |||
* What are your two biggest direct competitors and who are your two biggest indirect competitors? | |||
* Do you have an unfair/sustainable advantage over your competition? | |||
* Which type of players are you seeing as your most serious challengers in the next years? | |||
==== Product ==== | ==== Product ==== | ||
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* How many potential partners did you already contact or had discussions with? What are conversion rates when reaching out to people? How far progressed are contract discussions? | * How many potential partners did you already contact or had discussions with? What are conversion rates when reaching out to people? How far progressed are contract discussions? | ||
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==== Roadmap ==== | ==== Roadmap ==== | ||