Ever wonder how venture capital funds analyse startups and decide which ones they back ๐ง
"Startups are making a lot of common mistakes โฆ the key reasons for investing are the team, exit strategy, business model, problem they are trying to solve, and their competitive advantage is extremely important." โ Michail Lapidus, Business Analyst at Paralect
After 5 years of analysing startups for a VC fund Michail shares his insights around:
๐ก What factors VCs really focus on
๐ Why VCs seem to have such a herd mentality
๐ค How founders without a strong VC network can get seen
And why he's excited to be working in a product team after all he's seen from the venture side ๐ช
Catch the full interview on YouTube or listen to the podcast. Enjoy!