The guide for an investor starting in startups - 8 golden rules:

...it is not a big secret that there are fundamental differences of opinion among the professional venture capital investors (the angels) regarding how to choose a winning investment, however, the absolute majority of these investors are in agreement about one question, and that is: "What is the most important element for the success of a startup? And the answer to that is The team of entrepreneurs.

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Establishing a startup is a complex process that entails many challenges, including accurate need characterization, product development, market penetration, market education, dealing with significant competitors, dealing with changes on a daily level, and all this with modest budgets and in a short time. Since it is your money, you as investors must be convinced that the team chosen for the task will be able to meet it.

For this purpose, it is necessary to make sure that the team of entrepreneurs possesses the maximum of skills required for the success of the startup in question, including technical knowledge, business background, expertise in the field of the startup's activity, marketing ability relevant to the specific market, and more (supplementary team), the resumes of the entrepreneurs should be looked at with emphasis Regarding the previous experience, have you already taken part in a successful start-up? Are these serial entrepreneurs? After all, it takes time to learn the rules of the game... Do they work at a startup full-time or do they just run it on the road? When difficulties arise, will they throw up their hands and leave, or will they be determined and do whatever it takes to succeed? And most importantly do they know what they are doing - do they have a vision..? If you found that it is a strong, reliable and visionary team, you can start thinking about the business potential.

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This is how you will increase the chances of your company toGo to the exit Entrepreneurs, everything you need to know:

1. Create significant long-term value;

2. Create relationships with potential buyers;

3. Don't say that everything is rosy;

4. Focus on the revenue line, not the bottom line;

5. Ask for a realistic price;

6. Bonus tip –In the end what matters is the people.See "Designing the human environment"

 

...if there's one thing that increases the chances of closing a deal it's thisThe entrepreneurs and the management team - "When the entrepreneurs and management are positive and transparent, this is an unequivocal measure of success or failure in the process of negotiating a partnership, investment, or purchase. When I look back at the deals that were successful, a measure of success was how much the entrepreneurs and the management team wanted, were interested, compared to those who were arrogant, who lied Or they weren't too interested."

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