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1 | Questions | Weighing factor (1-10) | Raw Score | Answer each question by inputing "X" in the cell below your answer choice. Only one answer per question. | Score for choice #1 | Score for choice #2 | Score for choice #3 | Score for choice #4 | Score for choice #5 | ||||||||||||||||
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3 | Outgrow.co turned this into a calculator if you prefer this format! | ||||||||||||||||||||||||
4 | How large is the industry or market which you propose to streamline with your marketplace? | 10 | FALSE | >$50B | $10-50B | $2-10B | >$2B | We are creating a new market. | 10 | 8 | 7 | 5 | 5 | ||||||||||||
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6 | Is there room in the transaction for you to take a meaningful cut (take rate)? | 10 | FALSE | >30% | >%15 | 10% | <%10 | We don't take a commission. | 10 | 8 | 7 | 5 | 5 | ||||||||||||
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8 | Is there an opportunity to make the service much cheaper for the customer (demand side) while still make more money for the seller (supply side)? | 10 | FALSE | >50% cheaper for consumer | ~25% cheaper for consumer | ~10% cheaper for consumer | Same price for consumer | More expensive for consumer | 10 | 8 | 6 | 2 | 0 | ||||||||||||
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10 | Is there a barrier to entry or competitive moat once you reach a certain level of scale? | 9 | FALSE | Massive moat whether that be technical, regulatory, data, or otherwise. | Our supply side relationships are exclusive or unique in some way. | Regional moat because we are first to market and at scale our brand will be our moat. | We are entering unique markets where there is no competition. | Very low barriers to entry and easy product to roll out. | 10 | 8 | 6 | 4 | 3 | ||||||||||||
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12 | How fragmented is the supply side of the market? Is it very difficult for buyers to access sellers right now? | 9 | FALSE | Millions of suppliers | Thousands of suppliers | Hundreds of suppliers | Tens of suppliers | Only a few suppliers | 10 | 8 | 6 | 4 | 3 | ||||||||||||
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14 | Is there an opportunity for network effects to kick in as you scale? (i.e. does the product improve the more users you have onboard?) | 9 | FALSE | Yes, our product improves the more data and users we have. | Long term we see some interesting solutions we can tackle with more user data. | Somewhat, but not meaningfully. | We'll improve individual customer experience but not the aggregate product. | No | 10 | 8 | 6 | 4 | 3 | ||||||||||||
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16 | How capable are you of preventing leakage? (i.e. people going off-platform once they find a supplier they like) | 8 | FALSE | Very capable, our suppliers need us because they have lots of customers they can't manage alone. | Somewhat capable, we benefit them but some may leave. | Every now and then someone will leave but for reasons beyond our control and not threatening to the business. | Leakage will happen, but we expect suppliers to churn and are ok with that. | We can't keep our suppliers happy at all. | 10 | 8 | 6 | 4 | 3 | ||||||||||||
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18 | Are you materially improving the customer experience? | 8 | FALSE | Yes by 10x or more | Noticeable improvement | Somewhat better | About the same | Worse experience | 10 | 8 | 6 | 4 | 3 | ||||||||||||
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20 | How high value is the transaction you are proposing? | 7 | FALSE | >$10k | $5-10k | $1-5k | $100-1k | <$100 | 10 | 8 | 7 | 6 | 5 | ||||||||||||
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22 | How frequently does this transaction occur? | 7 | FALSE | Daily | Weekly | Monthly | Yearly | Once or twice in a lifetime | 10 | 8 | 7 | 6 | 5 | ||||||||||||
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24 | How difficult is it to expand your marketplace to new markets? | 7 | FALSE | We are entirely virtual and can launch nationwide from day one. | We are a virtual marketplace but still expanding region by region. | We can roll out new markets quickly but need to vet them properly as we do so. | Our approach will be slow and steady and only target expanding to a few core markets. | Very dense marketplace that needs to launch locally and slowly. | 10 | 8 | 6 | 4 | 3 | ||||||||||||
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26 | How difficult is it for you to reach liquidity (enough buyers to meet demands of sellers and vice versa)? | 7 | FALSE | Easy, our supply and demand behave consistently and predictably. | Somewhat easy but still need to track and react quickly, especially in new markets | In new markets it's always tough at first but generally stable. | It's an issue for us but we've overcome it before and will do so again. | Very difficult, supply and demand are both hyper volatile. | 10 | 8 | 6 | 4 | 3 | ||||||||||||
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28 | Is there an opportunity to build tools to make your supply side even more efficient? | 6 | FALSE | Yes, they are super inefficient workers and a lot of core processes can be automated. | We can automate parts of their workflow once we have more data. | We can build tools for their non-core workflow but their primary work can't be optimized. | We can help with match making but not much else. | No, they are fully optimized already. | 10 | 8 | 6 | 5 | 3 | ||||||||||||
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30 | How many deterrents exist within this industry? Will structural bureaucracy or regulation prevent it from being streamlined? | 5 | FALSE | This is total greenspace with no regulation around it. | Generally overlooked industry but with small trade unions or otherwise. | Somewhat regulated industry but with easy-to-approach framework around how to tackle it. | Moderately regulated industry with plenty of lobbyists and experts who navigate it. | This is a highly-regulated oligopoly with little room for new entrants. | 10 | 8 | 6 | 5 | 3 | ||||||||||||
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32 | Is there an opportunity to expand the market here by introducing a new option? | 5 | FALSE | Yes, all consumers are dying for a new option. | People already using new solutions but nothing at scale. | Early adopters would love this and the rest will follow. | Most people seem happy with their current solution. | No, this market is shrinking. | 10 | 8 | 6 | 5 | 3 | ||||||||||||
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35 | Created by: | "Grade" | 0.00% | ||||||||||||||||||||||
36 | Arteen Arabshahi | ||||||||||||||||||||||||
37 | Decacorn | 80%+ | |||||||||||||||||||||||
38 | Unicorn | 70-80% | |||||||||||||||||||||||
39 | Lifestyle | <70% | |||||||||||||||||||||||
40 | Be worried | <65% | |||||||||||||||||||||||
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