NextUnicorn Rating & Process
We provide a comprehensive evaluation of a startup's current standing and future potential, with a particular emphasis on its ability to achieve significant scale and become a "Next Unicorn." Rating will be in range from D to A++, this will provide Startup's to understand their weak points and focus on improving score, there by the chances of becoming Unicorn will be very high.
Scoring System: We'll use a 5-point scale for each sub-factor, where:
- Very Weak/Not Ready: Significant issues, requires substantial work.
- Weak/Needs Improvement: Notable gaps, requires focused attention.
- Moderate/Developing: Showing progress, but further development is needed.
- Strong/Good Progress: Demonstrates solid performance and readiness.
- Very Strong/Excellent: High level of achievement and readiness.
Rating Factors:
1. Product Fit & Readiness
2. Revenue & Pipelines
3. Market Acceptance Readiness
4. Funding Readiness
5. NextUnicorn Fitness
Scoring Calculation:
We sum the weighted scores of all factors to get the total startup's NextUnicorn score.
Using the Rating System:
- Holistic Assessment: This framework allows for a comprehensive evaluation of a startup's strengths and weaknesses across critical dimensions.
- Actionable Insights: The detailed breakdown of sub-factor scores provides specific areas for the advisor to focus on with the startup team.
- "Next Unicorn" Focus: The inclusion of the "NextUnicorn Fitness" factor explicitly assesses the startup's potential for hyper-growth and market dominance.
- Progress Tracking: Regular application of this rating system can help track the startup's progress over time and measure the impact of advisory interventions.
- Communication Tool: The rating provides a clear and structured way to communicate the assessment to your internal team and potential investors, highlighting both strengths and areas for development.
This detailed rating process will provide a valuable information & confidence for you to get funded on your journey, particularly those with aspirations of becoming the next "Unicorn."