What are the different startups stage/categories?

Organizing a start-up competition, I realized that it was important to be clear on what start-up "stage" your a looking into. When organizing iWeekend, I learn that we can grade a start-up from 0 to 100.

0 is the moment when the entrepreneurs have the idea. 100 is when the start-up is ready for funding. It has nothing to do with the incorporation, let's consider the company has not even been incorporated.

iWeekend is an event that bring your start-up idea into a real project (we are located on 20-50 on the scale I would say). I should make a drawing out of this, but basically this is how I see it:
0- idea
10- you talk about your idea to friend. You have a small pitch
20- you have a team (2-3 person max)
30- you are all on the same page, why your idea make the world better and cans tart working on a demo (you are ready for incubation if your idea is disrupting)
40- you have a working demo, look for traction
50- you have traction, start to look into users feedback
60- iterate
70- iterate
80- growth of you user base
90- user survey confirm you are on the right way
100- have a pitch ready for investor

I found this article about different phase a Silicon valley startup usually encounter, it is very interesting.

As for your startup competition, we will probably create 2 category:
– seed startup (located between 30-60)
– mature start-up (located between 60-100)

I wish there was an official way to evaluate a start-up stage and official name…

About Carole (code name 烤肉)

I work in tech since 2008, moved from Reunion island to Paris, Beijing, San Francisco and ended up in Berlin in 2014.
This entry was posted in Being an entrepreneur, Uncategorized and tagged . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s