2/ You can divide startup risk into 2 different buckets. Market Risk is the risk that people may not want what you're building. It's external. Execution Risk is the risk that you might not be able to execute your idea better than the competition. It's internal.
-
-
Prikaži ovu nit
-
3/ There are 5 sources of Market Risk: Product Risk Scale Risk Competitive Risk Timing Risk Legal Risk
Prikaži ovu nit -
4/ Product Risk is the risk that your founding insight will not be powerful enough for you to achieve product-market fit. The best market-risk companies have evidence that there will be demand for their product and low to non-existent competition.
Prikaži ovu nit -
5/ Scale risk is the risk that the market or potential market you're addressing is too small for the economics of a venture-backed company. There are many good, profitable businesses that can be built in smaller market categories, but these are not usually VC-backable.
Prikaži ovu nit -
6/ Competitive Risk: As a Founder, it’s important to ask what the competitive landscape looks like. Are there incumbents with strong defensibility within your market category? Are there a lot of other competing startups? Facing heavy competition creates significant risk.
Prikaži ovu nit -
7/ Timing Risk: In my essay "Why Startup Timing Is Everything" I break down the factors behind a "critical mass" inflection point in the market. Here's the full essay:https://www.nfx.com/post/why-startup-timing-is-everything …
Prikaži ovu nit -
8/ Legal Risk: Most iconic tech companies end up having to deal with regulation, which often lags behind fast-moving technological innovation seen in startups. If you’re providing value to the ecosystem, and you’re not breaking laws, then it is often a risk worth taking.
Prikaži ovu nit -
9/ In addition to the sources of Market Risk listed above, there's also Execution Risk, which has the following sources: Team Risk Product Execution Risk Fundraising Risk
Prikaži ovu nit -
10/ Team Risk: Are you geographically located in a talented ecosystem? Do you have access to centers of excellence? Early hires are important for startups. But just having raw talent isn't enough: you need to be able to build a great culture and organization.
Prikaži ovu nit -
11/ Product Execution Risk: Can you actually build the product you want to build? One reason early-stage investors look for technical co-Founders is to mitigate this risk. The more control you have over your ability to execute on product, the less your execution risk.
Prikaži ovu nit -
12/ Fundraising Risk: Can you fundraise? Fundraising is a completely different skillset from leading an organization, technical execution, and business strategy. But for a venture-backed startup, it is equally crucial in the success of your company.https://www.nfx.com/post/fundraising-checklist-13-proof-points-series-a …
Prikaži ovu nit -
13 / For more on assessing the various sources of risks, and how to strategically take more of it by coming up with big, bold ideas, see the full essay.https://www.nfx.com/post/founders-startup-risk-types?utm_source=twitter&utm_medium=social&utm_campaign=internalshare-pete …
Prikaži ovu nit
Kraj razgovora
Novi razgovor -
Čini se da učitavanje traje već neko vrijeme.
Twitter je možda preopterećen ili ima kratkotrajnih poteškoća u radu. Pokušajte ponovno ili potražite dodatne informacije u odjeljku Status Twittera.