00:00 Investors measure startup success based on team metrics, unique insight, and opportunity size, with team being the most important factor, and it's crucial to know and find your first 10-50 users for founder market fit and demand.
- The Q&A discussed how investors measure startups, focusing on team metrics, unique insight, and the size of the opportunity.
- Team, product, and market fit are the three key factors for success, with team being the most important, and experience in the industry not being a major factor as long as the entrepreneur has a clear and convincing pitch.
- Investors measure a team's speed and success by how well they teach them about the space and company, and it's important to move fast, be scrappy, and launch an MVP quickly.
- To find success in a startup, it's crucial to know and be able to find your first 10-50 users, as this indicates founder market fit and demand for your product.
- Remote work is increasingly popular and tools like Slack and Zoom have made it possible for teams to function effectively, so it's important to not discount remote teams when evaluating local versus remote.
- Investors invest in the team, not just the product, so it's important for solo founders to have a clear and impressive storytelling ability to convince both investors and potential employees.