Validating an Idea for a Startup Venture
Startup venture is a special kind of business. It has a plan to seek venture capital from investors - angels and venture capital firms - and an "exit plan" to achieve substantial capital gain for the investors.
A startup venture is also like a scientific experiment. It has a hypothesis that the business idea will make money - upon skillful and successful execution - and until so the business plans could be modified and improvised during operations to maximize monetization opportunities.
Investors look at one most important factor to determine if a startup venture is worth investing: monetization. Monetization is also the most important determining factor for the valuation of your business.
In this multi-part article, we examine each of the following components to validate an idea qualified for a startup venture: