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How to De-Risk a Startup - by Leo Polovets - Coding VC

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In a previous post, I wrote that startups are collections of risks, and that the best way to make progress on a company (and to get higher valuations from investors) is to address the biggest risks as quickly and thoroughly as possible. But how do you actually mitigate different types of risk? How do you convince yourself that you have product/market fit? How do you persuade investors and employees that you can build a lasting company? How do you demonstrate to early adopters that you’re good at building products? This post contains a (non-exhaustive) list of common startup-related risks, the spectra along which those risks might be classified, and some tips and heuristics for mitigation. The further you move from “high risk” to “low risk” along each spectrum, the stronger your valuation, perceived progress, and likelihood of success will become. The entries on each risk spectrum are rated from 1 (high risk) to 5 (low risk). Your goal is to move away from the 1’s and toward the 5’s. Fo

How to De-Risk a Startup Leo Polovets Oct 27, 2016 15 1 Share In a previous post, I wrote that startups are collections of risks , and that the best way to make progress on a company (and to get higher valuations from investors) is to address the biggest risks as quickly and thoroughly as possible. But how do you actually mitigate different types of risk? How do you convince yourself that you have product/market fit? How do you persuade investors and employees that you can build a lasting company? How do you demonstrate to early adopters that you’re good at building products? This post contain

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