This is how investors recognize successful startups early on: Good Team, Market Opportunity, Product.
Many will tell you that to do a startup you need to be a developer or get capital right away. Tune out these people. Those things are just noise that prevents others from focusing on what will make your startup survive. There is 3 key components, that we know investors use. We recently heard Jeff Clavier and Marc Andreessen say it again. The way they tell a successful startup early on is by looking whether the startup has those 3 things: Good Team, Market Opportunity, Product.
Related Article: 10 Common Startup Mistakes and How to Avoid Them
Source: Funders and Founders
[Editor’s Note: This article was written by Anna Vital and originally published at Funders And Founders. Copyright 2012.]