Fred Wilson’s litmus test for startups

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.

Fred-Wilson-startup-testSimple equation: Person/team + idea + product + timing + market = Great.