Dear SaaStr: How Do You Evaluate Startups for Seed Investments?
Here are our criteria for SaaStrFund.com:
- Are both the CEO and CTO insanely good? Better than I was as a founder?
- Are they committed to this market and journey for a decade or more? It takes being a bit crazy.
- Do they just really, really know their stuff?
- Is the early growth at least in top 10% range?
It’s a high bar, but if the founders don’t meet it, I’ve found there is a 0% chance of making enough money for a venture investment to work out.
It’s hard.
