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ePlanet believes that the judgment of its team is critical
to its success. This judgment is based on both the experience
of the General Partners, and the understanding that
the General Partners have of the entrepreneurs.
From
experience, ePlanet has developed biases about:
Market Size, People, Uniqueness, Entry Barriers, and
Teamwork. The market must be large enough for a company
to grow to at least $100 million in value in five years
even if it makes a few mistakes along the way. The people
must be extremely motivated to do whatever it takes
to make a success of the company. They must also be
well qualified to take on the challenge. The product
must have some differentiating feature that can lead
to the creation of a profitable company. The company
must be able to defend its position in its market once
established. The members of the team must be completely
dedicated to building a business and willing to hire
the best people they can find. They must show that they
work well together, and the proposed investment must
align the interests of investors and management.
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