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Positron Internet Fund
Accelerate Technology driven scalable ideas to startup
What is your company going to make?
For each founder, please list: age; year of graduation, school, degree and subject for each degree; employer and title (if any) at last job before this startup.
Why did you pick this idea to work on? Do you have domain expertise in this area? How do you know people need what you're making?
What's new about what you're making? What substitutes do people resort to because it doesn't exist yet (or they don't know about it)?
Who are your competitors, and who might become competitors? Who do you fear most?
What do you understand about your business that other companies in it just don't get?
How do or will you make money? How much could you make? (We realize you can't know precisely, but give your best estimate.)
If you've already started working on it, how long have you been working and how many lines of code (if applicable) have you written?
How far along are you? Do you have a beta yet? If not, when will you? Are you launched? If so, how many users do you have? Do you have revenue? If so, how much? If you're launched, what is your monthly growth rate (in users or revenue or both)?
If you have an online demo, what's the url? (Please don't password protect it; just use an obscure url.)
How will you get users? If your idea is the type that faces a chicken-and-egg problem in the sense that it won't be attractive to users till it has a lot of users (e.g. a marketplace, a dating site, an ad network), how will you overcome that?
If you're not incorporated yet, please list the percent of the company you plan to give each founder, and anyone else you plan to give stock to. (This question is as much for you as us.)
How many developers/engineers are there on the team?
Describe the problem you are solving
How are your customers solving that problem today?
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