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Questions Startups Need to be able to answer

3/28/2019

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Making sure you've prepared your in-person pitch is one of the easiest things you can do to give  investors a good impression of you and your start up. Preparing includes practicing and anticipating potential questions you might be asked.
allBusiness did an article on  10 Reasons Why your Startup Idea Sucks and Won't get Funded, not having solid answers to investor question is reason #3 on the list.

Questions for Startups

  • What does your company do?
  • What is unique about your company?
  • What problem does it solve? 
  • How big is the market opportunity?
  • Who are founders and key members?
  • What relevant  experience does your team have?
  • Why do users care about your product/service?
  • What is the competition?
  • What advantages does your company have over competitors?
  • What key intellectual property does the company have, in terms of patents, trademarks etc.?
  • What are features you plan to add to your product/service?
  • What are the company's three-year projections?
  • What percentage of the market  do you plan to get over what period of time?

​check out the full article on allBusiness, here!
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