I just wanted to quickly share an image that I found on Quora today.
Semil Shah describes using Fred Wilson’s litmus test for looking examining startups. I’m a huge fan of simple concepts that get to the core of a problem, and will probably use this framework for thinking about my own startup as well as other startups.
Simple equation: Person/team + idea + product + timing + market = Great.
Really interesting. Makes it sound easy.
Hahaa, its definitely not easy, but it is good to have difficult tasks boiled down to the simple concepts that matter.
Thanks for dropping by drojasug!