A tiny exercise for all the Aspiring VCs.

How would you evaluate whether you’d want to invest in a pre-seed startup or not? The startup has no revenue yet.

like
Posting as :
works at
You are currently posting as works at

I can't speak on financial terms (yet) but on business terms -

1. Depth of the problem statement and startup able to solve it or not
2. Startup has a prototype or not
3. Potential of the market/market size
4. Evaluate USP of the startup and market competitors
5. Evaluate barriers to entry
6. Evaluate if the startup product/service is protectable
7. Any current demand from the market for similar product/service (if any) or for the startup
8. Any test orders from the buyers
9. GTM, Pricing, Manufacturing, Scaling strategies by the founders are planned out to a certain degree or not
10. Short/Long term vision of the founders

like

I think they try to take advantage of founders who have less knowledge about cap table structures, or equity in general, irrespective of the idea being good or bad

like

Assuming it's a web based start up.

1. History of the founder(s)

2. Would use comparables for multiples such as EV/Unique visitors, EV/Page views, EV/New subscribers etc

3. I wouldn't try to predict cash flows anyway as there are none.

like

True, also it’s important to think about the TAM/SOM/SAM, competitors in the field and how much market share they (the competitors) have and also the IP (if any)

This of course isn’t an exhaustive list

like

Related Posts

Recs on good rental insurance? 3 apts in my neighborhood were broken into and I’m looking for a good but not pricey option

like

I saw this townhouse in a prime location in my city for $350k (cheap for the area). The floors are all messed up though but the buyer said they’ll either lower the house price or give a credit for closing cost. There’s also a lot of nicks here and there (some locks missing from door, dents, scratches, stains, and some things are loose). But overall, the house’s architecture and design is so beautiful. Would it be worth it to get it and fix it up? Or find a newer house with less maintenance?

like

Thinking about buying first home. ~$600k. How was your VA home loan experience? In a competitive market, was it a weakness? Is it an issue with lenders? Do I need a RE agent well versed with them? THX

like

Any recos for a fee-only financial advisor that’s under $300/hr? Need to understand sole proprietor/small businesses.

like

Folks who use a backdoor for tIRA to Roth, do you have 2 accounts? Once the conversion goes through, the tIRA remains empty until your next deposit ?

What are the limitations if my tIRA contributions were pretax?

like

Buying a new construction single fam house in PA suburbs. Already Signed the contract and Looking for a lender with lower interest rate. Anyone come across comparable lower IR lenders? Any insight is appreciated! :)

like

How much should i save from my salry for securing post retirement life and all general commitments before that. I'm 30 now. Assume no Inheritance. Current in hand 1.85 lpm

like

I have an investment idea. Would be great for banks and investors to speculate, but it involves creating a market for the product. Who should I approach first banks or investors?

like

New investor here. Don’t have too much money to invest because I have my first child on the way. I only have a 401(k) as of now. What would everyone suggest?

like

Ripple XRP - Bloomberg terminal, bank partnerships, Amex, and more - Forbes, Fortune, Business Insider articles - recent jump to $0.74

like

Off the topic.
Koi help kar sakte to get rent house near Manikonda/7 Tombs.
Budget: 13k

like

If you only stay a year after returning what happens to the 10K relocation and 20K early signing? Are you required to pay back half or is it all yours?

like

Hi y’all! I’m a financial educator and my job is to help families in need of financial education! I help anyone on learning how money works here in the US & how to get rid of debt! I offer financial products that help you protect and grow your money. I’d love to help you out in reaching your personal financial needs!
I’m also always looking for people to hire!

like

Any of you with kids chose NOT to open a 529 plan and why?

like

For those w investment property, how many of you self manage vs using property manager? This is my first condo, relative new build from 2018 and a family friend jus moved out. I would have self managed but am scared about squatting/evictions esp w Covid and the rent memorandums. Thinking of jus getting the property manager as I am new to this... Advice appreciated.

like

Looking for whole life insurance. Who is better Mass Mutual or Northwestern or NY life?

like

With interest rates rising, I Bonds are back in the discussion. Thoughts?

Pro tip: live close to poorer people to feel rich. The feelings of wealth are extremely subjective and is mainly based on comparison

likefunny

Advice for doing consultations with a new client and trying to convert them? Feeling the pressure now more than ever to bring in money to the firm.

like

Does Boston Consulting Group have the following?
- HSA
- After tax contributions to 401k w/ in plan Roth conversion

I’m joining in a few weeks and doing some planning on how to adjust my existing accounts/strategy.

Thanks!

like

More Posts

Hi Fishes,
Are there any opportunities for a project manager by any chance? If yes then please help with a referral.

Looking for Mumbai location.

like

Any opinions about becoming a career agent for Guardian Life? How’s their agent support? Products mix? Tech?

like

What spas do you all recommend in Houston? I normally go to Chinatown for a cheap massage but I want to try to treat myself to a proper spa experience.

like

Just became an ACD. Im in a limbo. Half of the time im being treated as a Super Senior AD and the other half im being treated as a Almost CD. Then when im scoped over work that my CD and I oversee, some people are asking me how does my role differ from the CD’s, as they tend to look at me as an unnecessary layer for approvals. In a way, i do the job so well that i get asked to do more AD projs and guide more projs — but then: wtf does my CD do? They mostly just 👍🏻what i direct n approve

likehelpful

Hi Fishes,
My LWD in Wipro (my previous employer) was on 21 Aug, 2021. I was waiting to receive my outstanding due and experience certificate, as part of F&F, ever since. However, I received an email from the offboarding team today stating that my Final Settlement is on on hold due to security concerns (DLP: data leakage). How is this going to play out? And much longer will it take before my F&F process is completed and I get my outstanding due and my experience certificate? Pls advice.

like

Is it just me, or does Seattle not feel as "welcoming" for first-generation immigrants?

like

Looking for some boutique firms (healthcare/public health sector) that do work relating to social determinants of health, community health centers, population health, community hospitals. Any suggestions?

like

Has anyone completed all the interviews for the EY TD&E Senior Consultant position? I just got news that I passed the recorded interview portion and wanted to know what to expect for the next interviews so I can start preparing as soon as possible. Are there multiple interviews after the recorded portion? Is it just one more round? What’s the case interview like? Any tips to prepare? Anything helps!

like

Is there an appropriate way to turn down an assignment because it is non-billable? Two of the partners I work for keep asking me to write client bulletins and articles with them, which is great, but now I’m starting to worry about meeting my billable hours requirement.

like

Hi fishes!

I am seeing too many post about awards like rising star, Kudos, etc. People keep telling there managers recommended them for these awards.
My manager doesn't interact much with us. I consider myself as some one who has worked hard for project and other intiatives. Should I ask my manager to consider me and if yes how should I initiate it.
Part of MC team.

Thank you.

like

I just joined Publicis Sapient 2weeks back.. Yesterday I attended 1project interview but not selected.. How many time they will provide new project interview? Publicis Sapient Publicis

like

If I had a dollar for every time my boss screamed “UGH C’MON” at his computer... It’d be enough to buy myself the medical coverage my company doesn’t provide. 🙃

like

Hey Guys,
How is HCL DRYice (product division)
Are there any extra benefits of joining it, in comparison to HCL Technologies?

like

Any art directors/sr designers who have successfully pivoted out of a creative role and into something else? Ive been working in visual design for 10 years and I am BORED but have no idea what i could be doing instead. The politics and subjectivity of doing corporate creative work has left me feeling drained. I never want to have another conversation about making something 10 pixels bigger. Tell me how you got out, im desperate for inspiration.

like

No one is talking in this grp. Why?

How’s WLB at EY pune? I am planning to apply for AWS devops or SRE lead position.

like

I wanted to know the culture & work life balance at credit suisse. Currently what is the situation in Group Finance department.?

like

Just started about 3 weeks ago. Ordered a work phone, FedEx admitted they lost the package, I’ve tried calling Deloitte and at&t seems like nobody is coming up with a solution. Any help here?

like

Considering dating apps—any insights?

like

Additional Posts in Private Equity and Venture Capital - India

🤝 Pay it Forward:

Drop a piece of advice or wisdom that has seriously helped you in life or career!

Help another user and pay it forward. 👇

like

Hi im currently working in Treasury FX and Derivative sales department. Im a Chartered Accountant by profession. Looking for a switch. Could anyone suggest any suitable roles?

like

Is it possible to make a switch from Quant to VC as an Investment Analyst?

like

Anyone heard of Ten Oaks Group? What's the company about?

like

Anyone from BlackRock willing to give referral?

like

Anyone from BlackRock willing to give a referral?

like

Looking to explore opportunities in the PE space and wanted to know if anyone has a review of Kingfish Group and the kind of work they do?

like

Found an interesting report on VC funding in India by Bain. Link in the comments

like

How's the general WLB at VC firms? ( Top ones - Sequoia, Matrix, Accel, Elevation )

like
like

Hiring for an early stage Venture Capital for Bangalore location.
Candidates meeting below criteria may connect with me at
nikitayadav@michaelpage.co.in

1. Candidates with excellent education pedigree (MBA Graduates from 2018/2019/2020 batches only)
2. Non-engineering background preferred
3. 1-2 years of post MBA experience in investment banking (tech focused) or start ups (product/ strategy/ CEO's office roles)

like

Would be very helpful if folks in this group can share details about any recent openings at their VC firms.

I am currently in consulting (ZS Associates) from the last 2years and I am looking for opportunities at an analyst/associate level at a VC firm.

like

Any Private equity/Venture Capital (VC's) hiring right now?

I'm a CA with 5+ year M&A consulting experience in a reputed management consulting firm providing financial diligence, Restructuring and investment advisory services across different sectors!

like

I’m Launching a podcast on early stage startups and venture investing with a very dear friend of mine, this week. Any particular topics you’d like us to cover?

Looking forward to reading your responses 😀

like

Can anyone tier the domestic pe funds in india and opps to move from domestic to global funds

like

Hi everyone. Need guidance on entering private equity sector. I am a CA and CS. Currently working at PwC SDC in assurance. Any guidance will be very much appreciated. Thanks!

like

Any Private Equity/ VC hiring right now?
Looking for investment research roles

like

Apollo Global, Mumbai, is hiring Analysts/Associate for
• Financial Controllers in Private Equity, Credit, and Real Estate - NAV/management fee/carried interest estimation etc.
• Risk team - Developing quant models for valuing Annuities, ALM management etc.
• Risk Developer – Risk measure, Stress scenarios, Java/C#/RESTful/RDBMS
• Financial Reporting – Quarterly financial statement/analysis, 10-K/10-Q etc.
If you have relevant experience, and are looking for a change, please DM me.

like

Hiring for a VC based in Bangalore for early stage investing, candidates who meet the following criteria, please connect at nikitayadav@michaelpage.co.in

- Candidate should have work experience of 4-6 years
- Candidate should be from VC ecosystem or investment banking background (experience in tech space preferred)
- Candidate should have excellent educational pedigree

Note: Due to high volume of applications, regret to mention I will be able to reach out to only relevant candidates

like

Is a move to PE from MBB worth it?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal