Just saw a great presentation from Fabrice Grinda on his entrepreneurial experience. Here are his personal 9 criteria for investing:
- billion in revenues someday
- 90% of bs. model revenues, margins
- Seed round should require less than $0.5 M
- Scalable business
- Growing biz; rising tide raises all boats; market
- Can be one of top 3 players, could be niche, better to be #1 of course
- No risk of margin squeeze
- You know how execute in that space
- Only ideas that the investor likes personally
Quite interesting…
billion in revenues someday
90% of bs. model revenues, margins
Seed should be less than $0.5 M
Scalable business
Growing biz; rising tide etc; market
Can be one of top 3 players, could be niche, better to be #1 of course
No risk of margin squeeze
You know how execute in that space
Ideas that the investor likes