Product/Tech and Business Model

Firstly, that at the seed stage, product and business model are not good reasons for rejecting a company. C.50% of the investments we make at frontline are Pre-Product and C. 75% are Pre-Revenue. Potentially it is not that relevant at this stage of a company’s development to have fully understood their business model and their technology. The team as a factor is substantially more important than either of business model and/or technology. I will seek more advice and support from my team and will continue to dig deeper during my due diligence process.