A VC’s Perspective on Investing in Social Discovery Startups

FORBES – Bill Alena, from Social Discovery Group, is a revenue operations and corporate venture capital (CVC) executive with more than 20 years of experience in digital media and online dating. The dating component of the social discovery market alone is estimated to reach $10B by 2028. And with such potential for growth, venture capitalists continue to take an interest in social discovery platforms. But what do VCs look for when considering social discovery investments? Here are seven things Bill Alena's team looks for:

1. A Proven Track Record
2. A Solid Business Plan And Vision
3. A Long-Term Strategy
4. Convincing Engagement Metrics
5. A Clear Picture Of The Market Opportunity
6. Differentiation From The Competition
7. Proof Of Execution

by Bill Alena
See full article at Forbes

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