Spiegel Sohmer

Spiegel Sohmer is a firm of attorneys offering state-of-the-art expertise to a diversified business clientele seeking solutions that are innovative, concrete, and pragmatic. Our firm groups some forty five attorneys who concentrate principally within three broad specialties: business law (including Intellectual Property), tax law and litigation.  Spiegel Sohmer has extensive experience representing companies at all stages of their life cycle, from start up through to exit, and also represents a wide array of investors.
www.spiegelsohmer.com

National Bank

National Bank helps home-grown businesses expand by offering them personalized service and banking solutions adapted to their needs. We strive to develop integrated, diversified and innovative business solutions that will meet the needs of your business at every phase of its existence. We offer a full range of financial services to individual clients, SMEs and large companies. Whatever your sector of activity, our team of experts will be able to advise you and assist you with every stage of your business growth. www.bnc.ca

The Anatomy of a Fundable Startup, by Naval Ravikant

Posted by Jonathan Greechan on 2013-11-06

As a Co-Founder of several companies, an angel investor in several more, and Co-Maintainer of two great resources for entrepreneurs -  AngelList and Venture Hacks - Naval Ravikant has a unique view of the startup and investing landscape. That's why we asked him to speak at our Founder Showcase event in San Francisco to almost 500 founders and investors, and he did not disappoint.

In a great speech appropriately titled "The Anatomy of the Fundable Startup," Naval broke down the 5 main qualities of an "exceptional startup,” in the following order: (1) Traction, (2) Team, (3) Product, (4) Social Proof, (5) Pitch/ Presentation. 

And while all these qualities are important, Naval explained, the most important thing is to understand that “investors are trying to find the exceptional outcomes, so they are looking for something exceptional about the company. Instead of trying to do everything well (traction, team, product, social proof, pitch, etc), do one thing exceptional. As a startup you have to be exceptional in at least one regard.”

Naval’s talk is a must watch for any technology entrepreneur or angel investor:

 

Like this article?

Feedback Form

We welcome your feedback to improve the Institute. Please contact us using the form below, and we will get back to you promptly.
Your Email Address:
Message to the Institute:
What is ? (enter the answer below):
Close Window