Mon, 4 April 2022
Diligencing the Technology Diligencing the Technology In diligencing the technology in a startup, here are some key questions to ask: How many of the tech modules have been completed and how many more must be completed before going to market? Does the technology provide a substantial advantage over the competition? One way to check this is to see if it provides a 10X improvement over the current technologies. Does the technology architecture scale? Is there a roadmap for the technology and how to grow it? Who on the team owns the technology and the roadmap? Do they work in the company, or is that outsourced? What other platforms does the startup's technology rely on? Does it rely on Google, Facebook, or other platforms that can change? How does the startup protect their technology -- trade secrets, patents, or others? A new technology wave comes out every 3 to 5 years. How long before this technology is obsolete?
For more episodes from Investor Connect, please visit the site at: http://investorconnect.org Check out our other podcasts here: https://investorconnect.org/ For Feedback please contact info@tencapital.group Please follow, share, and leave a review. Music courtesy of Bensound. |