NOTE: When in doubt, send a deal to your 645 Investment & Research point of contact. There is no pressure to apply this framework prior to sending a deal over to the 645 team to review. We are happy to collaborate in real-time.
Key Terms (1)Evaluating the Product
- Is there a unique and novel idea?
- Is there an application of novel technology?
- Is there potential for a 10x workflow experience?
- Is there a massive potential market?
- How is the company relatively priced?
- Does the company have validating paying customers?
- Is there defensibility or stickiness present?
- Has the founder made significant progress on the product and with sales?
- Is there regulatory complexity?
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Vetting the Founders
- Have the founders experienced the problem first hand? Do they have earned true insight?
- Are the founders exceptional?
- Have the founders worked together before or had a previous relationship?
- Are the founders deeply knowledgable on the market and their competition?
- Is top talent drawn to the mission and vision of the company?
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