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Venture Capital: A Guide for Investors and Entrepreneurs

... product (MVP)? How is the startup's product better than alternatives: faster, cheaper, more convenient, more efficient? If the business is based on technology, it is important to understand how innovative it is and whether it is protected (patents, trade secrets). Check whether the declared technical advantages are realistic. Sometimes startups exaggerate the capabilities of their solution - so if you do not have sufficient expertise, it is worth involving an independent specialist to evaluate the ...