Potential investors without any startup exposure need to filter out the noise to find the best deals.
Here are the five things I always look for in a good Aussie startup.
1. A HIGH-QUALITY TEAM WITH COMPLEMENTARY SKILLS
People make things happen; great people make magic happen.
When evaluating a team, think about what Niki Scevak always says: “Can this team get shit done? Why do they give a shit?”
It’s harder to do it solo – statistically speaking, founding teams of two are better than one and four is too much.
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