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Before you invest in a startup, you need to ask some key questions. These questions will allow you to gain a better understanding about the company, the team and the market.
- What problem is your startup solving?
- Who are your target markets?
- Who are your competition?
- What are your plans to make money?
- What's your business model?
- What inspired you to come up with this idea.
- What is the vision of your company?
- What are your long-term objectives?
- What makes you believe your team is best suited to achieve this vision?
- Are you familiar with the industry?
Conclusion:
These ten questions will help you understand the startup and determine if it is a good fit to your portfolio. It's important that you do your research before making any investment decisions.
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