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Tuesday, July 16, 2013

What does a VCC look for in a start up? What makes a start up stand out?

Ateneo Professor on Entrepreneurship

From Gigaom by Bob Darrow | July 12 2013

What does Rich Miner, the inventor of Android Phones, and head of Google venture look for in a start up?  ( I heard the same stuff from a Silicon Valley veteran whom I met regarding Proxiwoo)

What makes a start up stand out?

There are five things that Rich Miner look for:

l.  Ability to create things;

2.  Ability to solve problems (the mvp of a company must be real solution to the needs and wants/concern of the primary target market)

3.  People first  - it must be people first rather than technology first;

4.  3ds -  DESIGN DESIGN DESIGN

5  Mobile chops  (apps or android is the growth area of IT)

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