This question we get asked often: How to select a startup?
There is much misunderstanding that sometimes also causes language confusion of Babylonian proportions.
The fact is: You can have strong and weak startups, but it all depends on the context.
So, here are three scenarios with the most discerning criterium that we recommend:
1. If you were to scout startups for financial investments: The best in the market objectively verified.
2. If you were to scout startups for procurement: The best according to your solution requirements.
3. If you were to scout startups for challenges and co-innovation: The best on trust and compatibility -which is personal.
What’s your view? Which criterium do you use? Let us know.
By and large, expectations crash, not a startup's technology. Here's a piece of practical advice.
An opportunity may be gone in 20-30 days. How to get ahead of everybody else in finding and selecting valuable startups?