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8 lines
682 B
Plaintext
8 lines
682 B
Plaintext
AGENDA: Most important things to look for in a start up
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TAM: Make sure the market is sufficiently large than once they win they can get rewarded
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Product market fit: Being in a good market with a product than can satisfy that market
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Unit economics: Profit for delivering all-in cost must be attractive (% or $ amount)
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LTV CAC: Life-time value (revenue contribution) vs cost to acquire customer must be healthy
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Churn: Fits into LTV, low churn leads to higher LTV and helps keep future CAC down
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Business: Must have sufficient barriers to entry to ward off copy-cats once established
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Founders: Must be religious about their product. Believe they will change the world against all odds. |