The Most Misunderstood Factor in Performing Due Diligence in an Early Stage Company - Understanding the Problem and Solution Set
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When you are an early-stage investor, you see pattern recognition in the technology landscape. What I mean by pattern recognition is that you start to see a recurrence of companies that are attacking a specific problem. Let us think of the problem these companies are trying to solve as the Death Star. A prominent, seemingly impenetrable ominous force that can destroy planets. These problems have to be big enough to attract venture dollars, and the solution to this problem is fuzzy and not solved.
The Most Misunderstood Factor in Performing Due Diligence in an Early Stage Company - Understanding the Problem and Solution Set
The Most Misunderstood Factor in Performing…
The Most Misunderstood Factor in Performing Due Diligence in an Early Stage Company - Understanding the Problem and Solution Set
When you are an early-stage investor, you see pattern recognition in the technology landscape. What I mean by pattern recognition is that you start to see a recurrence of companies that are attacking a specific problem. Let us think of the problem these companies are trying to solve as the Death Star. A prominent, seemingly impenetrable ominous force that can destroy planets. These problems have to be big enough to attract venture dollars, and the solution to this problem is fuzzy and not solved.