1. When did you start?
You will want to know if this is a brand new company, or is it an old one? Is it a stale deal? And does the stage fit with your accelerator mission and overall programmatic offerings?
2. How much have you raised to-date?
Get insight into how much money it has taken to get where they are today. This also shows the level of trust by other investors and can show the experience and connections of members of the enterprise’s team. Also seeing how much “skin in the game” (i.e. the founders’ money) they have used can show the commitment of the founders to the enterprise’s long-term success.
3. What were your revenues in the last 12 months? What does cash flow look like?
Know what a 5-year-old company looks like versus a 1-year old company.