1. What’s the business model?
2. who are the competitors?
3. How many rounds of funding raised so far?
4. What’s the post money evaluation at last round of funding?
5. What’s the burn rate?
6. What is company’s revenue?
7. What’s the EXIT strategy?
8. What are investor’s preference?
9. What’s the target market?
10. How many outstanding shares are there?
If company is not telling answers to any of them, be careful.
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