Hans Tung, GGV Capital
Play it risky, play it safeAn early investor in Xiaomi and Misfit, GGV Capital Managing Partner Hans Tung knows how to spot a company that’s going to make waves. If you think that’s you, you’ll want to listen to his advice. “Develop a great elevator pitch,” says Hans. Ask yourself the following five questions:
- Who is your customer?
- What is their pain point?
- What is the market size of this opportunity?
- Why is your solution differentiated?
- What makes you uniquely positioned to do this?
- Market size and readiness
- Team differentiation and readiness
- Business model/capital efficiency
- Entry price versus exit window