How to think like VC
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Transcript of How to think like VC
Recipe of success
Recipe of success
Want to argue?
Warren Buffett: – “When a management team with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.”
Recipe - Market
• Your offer - Vitamin or painkiller • Size and growth • Structure – can anyone squeeze your profit • Barriers to entry • Ready for disruption: overserved or underserved
Recipe - Business Model
• Sustainable Competitive advantage
aka “Secret Souce”
“Unfair competitive advantage” etc.
• Scalability
Recipe - Team
• Experience • Brothers-in- Arms • Can attract top talents
“Either .. Or ..” is a loser's choice
Check-list
• Promising market - with strong fundamentals
• Scalable business model - based on the
sustainable competitive advantage • Bonded Team with experience • Business Logic
Marketplace vs Hi-Tech
Marketplace vs Hi-Tech
Promising market with strong fundamentals
Scalable business model based on the sustainable competitive advantage
Bonded Team with experience
Business Logic
Marketplace vs Hi-Tech
Take the most from Innopolis Labs
• Test technology fundamentals:
• fast answers and facts • in perfect conditions
• Diversity of minds and experience
• Secure environment for learning
• Use time to build you team and traction