Hesitation isn’t in a professional investor’s vocabulary. We critically evaluate potential based on our investment thesis. And where you place your bet depends on the stage. In the earliest days, the founder is the bet. At this stage, the product is often fluid, still taking shape. What matters most is the founder’s vision, resilience, and, critically, pivot capacity - the ability to adapt and steer through inevitable twists. As the startup matures, the focus shifts. The product takes center stage. Now, it’s about traction, scalability, and market fit. The founder’s role evolves from creating a proven concept to scaling it. So, founder-first or product-first? The stage tells the story.

Para ser convencido do potencial a longo prazo de uma startup de tecnologia, considere os seguintes pontos: Avalie o histórico dos fundadores e sua experiência no setor. Analise o produto ou servi?o oferecido e sua inova??o em rela??o ao mercado. Verifique as proje??es financeiras e planos de escalabilidade. Busque feedback de clientes e parceiros existentes. Considere também o ambiente competitivo e as tendências do setor. Investir em startups é arriscado, mas com essas análises, você poderá tomar uma decis?o mais informada.

In reality, VCs don't end up investing in a startup they are enthused about unless there are very compelling reasons to change their mind: for example a marquee VC decides to lead the round or pressure from a large LP that might want to join in as co-investor (or realize competitive advantages). If you do need to re-evaluate, go back to your apprehensions and address them through data and instinct. Play devil's advocate, consult with Venture Partners and experts and see if your apprehensions can be reasonably mitigated. Then, have another IC call and determine if consensus can be achieved through a round of discussions, and if possible, go ahead and sign that Term sheet!

To be convinced of a tech startup's long-term potential, assess its market opportunity and demand, ensuring strong product-market fit. Evaluate its competitive edge, looking for unique, defensible technology. Check if the business model can scale sustainably and profitably, and ensure the founding team has the expertise and adaptability needed for growth. Review financial metrics for healthy traction and efficient capital use, and confirm that the startup has a clear vision with flexibility to adapt to market changes. Together, these factors provide insight into the startup’s ability to deliver sustainable growth and returns.