Evaluating the Business

February 2019 — #Class of 2018/19, #Gerion Dhimo

Evaluating the Business

My aim was to make each fellow evaluate his/her startup with at least 3 different methods for two reasons. 

  • First to see how much the market would evaluate the startup
  • second to understand which areas must be improved to substantially increase the evaluation, if possible.

Unfortunately, because of technical issues (no laptop available) I was unable to achieve it. My advice would be to keep it interactive by making fellows to use evaluation methods on their startup for the first part of the class and share their thought and experience in the second part of the class. Inviting some VC or angel investor with experience in evaluation would also be very beneficial. Do not leave guest confirmation for last moment as I did, they are a very important part of a good class. Overall, I found the experience quite interesting and fun and learned a lot.