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Interaction

The document contains 17 questions for startups regarding problem identification, product development, competition, intellectual property, revenue model, team, and valuation. Key areas of inquiry include the problem being solved, customer validation, competitive advantage, ability to scale without increasing headcount, marketing and sales strategy, use of funding, and justification of the company's valuation.

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30 views

Interaction

The document contains 17 questions for startups regarding problem identification, product development, competition, intellectual property, revenue model, team, and valuation. Key areas of inquiry include the problem being solved, customer validation, competitive advantage, ability to scale without increasing headcount, marketing and sales strategy, use of funding, and justification of the company's valuation.

Uploaded by

bhagirathl
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Startup Interaction Questions

1. What problem are you trying to solve?

2. How did you come up with this idea? Why do you think your product offering
will be a success? What is your working formula?

3. What kinds of businesses or organizations are facing the problem that you
want to solve? What do they currently do to address this problem? Have you
actually talked to some of these companies for customer validation?

4. Is your solution proprietary? What are the Intellectual Properties with you?
How strong is your patents if any and how will you safeguard your IPs?

5. If you are using open-source technologies, then what are your liabilities
towards paying them royalties?

6. Who are your competitors?

7. What is your competitive advantage? How is your offer of product


differentiated from those offered by your competitors?

8. How fast and smartly can you change your product vis-à-vis your current and
future competitors to maintain your differentiated position?

9. What milestones have you met in your product development and


commercialization?

10. We see that you have mentioned a market worth of billion dollars. What is the
portion of your product in this market?

11. Suppose our company wants to use your product? What will you offer to us?

12. What will be your earning model?

13. How many employees you have at present? Have some people joined and
left? Can you scale up volume without increasing employee headcounts?

14. What will be your marketing strategy? How are you going to close sales?

15. What will you do with our funding? Why do you think this amount would be
sufficient for your expenses?

16. What makes your team suited for this business?

17. What is the valuation of your company? How did you come up with this
valuation?

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