Startup Validation: Difference between revisions

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Disclaimer: We currently lack expertise in startup valuation and validation. We therefore do <u>not</u> have an established valuation system and clear investment framework yet.  
Disclaimer: We currently lack expertise in startup valuation and validation. We therefore do <u>not</u> have an established valuation system and clear investment framework yet.  
== Team ==
== Team & Roadmap ==


==== Motivation & Formation  ====
==== Motivation & Formation  ====
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* How do you tackle new problems? How do you accumulate new knowledge?  
* How do you tackle new problems? How do you accumulate new knowledge?  
* How do you take decisions when limited informations are available?
* How do you take decisions when limited informations are available?
==== Roadmap ====
* Do you have a built out roadmap? How did you construct that roadmap? How do you decide what to focus on? Are you willing to share that roadmap?
* Do you have concrete plans to pivot if plan A is failing?
* How far did you plan ahead?
* How do you prioritize work? How do you measure progress? How do you document knowledge?


==== Recruiting ====
==== Recruiting ====
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== Product / Product-Market-Fit / Demand / Market ==
== Market, Product & Competition ==


==== Vision & growth journey ====
==== Vision & growth journey ====
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* How many different partners do you need in order for your business to succeed?
* How many different partners do you need in order for your business to succeed?
* How large is the pool of potential partners you can work with? Which % of them do you need to sign in order to succeed?  
* How large is the pool of potential partners you can work with? Which % of them do you need to sign in order to succeed?  
*
==== Roadmap ====
* Do you have a built out roadmap? How did you construct that roadmap? How do you decide what to focus on? Are you willing to share that roadmap?
* Do you have concrete plans to pivot if plan A is failing?
* How far did you plan ahead?
* How do you prioritize work? How do you measure progress? How do you document knowledge?
==== Exit ====
* Are you targeting an exits or do you want to try staying independent?
* What are your exit options? Who could be interested in buying you?
* In which timeframe and at which valuation could an exit be realistic?
* Which kind of terms did you agree with lead investors on? (Liquidations preferences, drag/tag along etc.)


==== Regulatory ====
==== Regulatory ====
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* Are you able to fully comply with regulatory demands or do you need to take certain regulatory risks?
* Are you able to fully comply with regulatory demands or do you need to take certain regulatory risks?
* How fast is the regulatory environment changing?
* How fast is the regulatory environment changing?
 
== Investmentcase & Exit  ==
==== Risks ====
 
* What would you say are the biggest risks when investing in your company?
* What would you say are the biggest weak points of you business model?
* Where do you personally think you have the biggest blind spot and is there a team member who covers it for you?
== Investment ==


==== Co-Investors ====
==== Co-Investors ====
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* How do you plan to keep your investors up to date?
* How do you plan to keep your investors up to date?


== Initiative input ==
==== Exit ====
* Are you targeting an exits or do you want to try staying independent?
* What are your exit options? Who could be interested in buying you?
* In which timeframe and at which valuation could an exit be realistic?
* Which kind of terms did you agree with lead investors on? (Liquidations preferences, drag/tag along etc.)
 
== Blindspots ==


==== Initiative Insights ====
* Are there any other important factors i should consider or areas i should know about?
* Are there any other important factors i should consider or areas i should know about?
* Are there any other important questions i did not ask about yet?  
* Are there any other important questions i did not ask about yet?
* Are there documented questions from other investors i could access?
* Are there documented questions from other investors i could access?
==== Risks ====
* What would you say are the biggest risks when investing in your company?
* What would you say are the biggest weak points of you business model?
* Where do you personally think you have the biggest blind spot and is there a team member who covers it for you?