VCs and Angels are most concerned about

Business Incubator Y Combinator started a marathon series of interviews with the entrepreneurial team to decide who could get to the next round. Investors and entrepreneurs have different perspectives on the issues, but the focus on the core issues of the product market is highly consistent. The most common question may be: What do you do with this product? Like fried rice, this question is not difficult to answer, but to be concise and clear is not easy.

Two cute entrepreneurs to do this for a app, listed in the YC interview FAQ, you have only 15 seconds to answer each Question Time, the answer is completed click Return to enter the next question, if there is no answer within 15 seconds, Paul Graham will appear a bitter face. Want to know what the VCs and Angels are most concerned about?

Users and Products

Why do new users try your product?

How many users do you have now?

What do your users need most?

How much is your user growth rate?

Who will be your first paid user?

How do you know you're doing what the user needs?

How much is the conversion rate?

Why did you pick the idea to do it?

What are your ideas for the next stage of this product?

What are the difficulties you are going to meet?

Market and competitor

How big is the market?

What is your specialty in this field?

Who could be your potential competitor?

What do you know about this field that no one else knows?

How long before you get new financing?

Team

What kind of people would you hire to join your team?

How is your team divided?

How did your team get together?

More Questions click here