We ask a number of questions to assess seed stage venture opportunities, including:
- Does the concept solve a problem, or address a compelling need?
- Is the concept based on a secure and scalable digital technology?
- Is there a solid legal basis to develop/exploit/defend the technology?
- Does the concept create an uncontested market opportunity?
- Is there a viable business model to exploit the concept and capture value?
- Does the market size enable significant high growth potential?
- Will the design and development process implement agile principles? If so, how? If not, why not?
- Are team members a good fit with each other?
- Do team members understand the nature of the task ahead?
- Are team members willing and able to seek and develop required competencies?
- Do team members have the potential to lead the venture successfully?
- Could the venture achieve niche dominance?
- Can competitive advantages be sustained?
- Are founders located within reach of the Greater Sydney Region?
Copyright © 2020 BitBolter