Validate Services for Investors
Is the Market for this Product Worth Pursuing?
IS THERE A MARKET AND WILL THE SCIENCE WORK?
IS THE IP DEFENSIBLE AND ARE THE COGS LEGIT?
THE STEPS
Each program is individually tailored to the client’s needs, but will follow the following general outline:
MARKET VALIDATION DUE DILIGENCE
- Market Size
- Economic Value of Solution
- Market Structure
- Customer Assessment
- Product-Market Fit
- Competitor Identification & Analysis
SCIENCE VALIDATION DUE DILIGENCE
- Will it work?
- What allied technologies will be required?
- What pitfalls / dangers need to be avoided or overcome?
IP/MOAT ASSESSMENT DUE DILIGENCE
- Assess value of patent claims in the marketplace
- Assess the difficulty to design a competitive product around existing patent claims
- Assess any first mover advantage
- Assess any trade secrets advantage
COGS ASSESSMENT DUE DILIGENCE
- Are the COGS assumptions the Startup Team has made reasonable?