http://lab15.ivolution.pl/2014/01/30/as-an-investor-what-are-the-most-important-items-that-a-startup-must-have-for-you-to-invest/
- Large and growing market
- Real domain expertise
- Provable product need
- Scalable business model
- Competitive advantage
- Platform/partnership/bizdev/API strategy
- External validation (ideally traction and/or passionate customers)
- Viable business structure and cap table
- Reasonable valuation
- Proven team (tech/product/design/marketing/sales/domain/etc.)
But
most important of all, it must have
an entrepreneur on whom I’m willing to bet. And the attributes I look for in that entrepreneur are:
- Integrity
- Passion
- Startup experience
- Personal domain expertise
- Operating skills
- Leadership ability
- Commitment to the venture
- Long-term, extensive vision
- Realism and pragmatism
- Flexibility
- Even temperament
- Coachability
- Alignment on vision
