<p>5 stages of a
tech startup
1. Setting Up
(Problem/Solution fit)
Status
Company setup
Team
Product development team in place
Product
Product live
Product function as intended
Funding:
Self or seed funded
Metrics
10,000 users
Revenue generation
commenced
2. Getting it
Right
(Product/Mar‐
ket Fit)
Status
Product meets market need
prospects trial and upgrade to paid
Growing traction
Team
Product, S&M and Delivery
Teams in place
Product
Product established
Sector penetration
Funding:
Self or Series A funded
Metrics
$1 m in revenues
3. Growth Level I
(Geographical/Market
Expansion)
Status
Top 5 in markets active
Team
Top Senior Management
Team in place
Product
Product frequently covered in press
Partner network setup
Funding:
Well capitalised
Metrics
$10 m in revenues
4. Growth Level II
(Acquisitions)
Status
Top 3 in key markets
Team
Teams established in key
geographies
Product
Significant brand recognition
Partner networks well
established
Funding:
Smaller Acquisitions
Metrics
$100 million in revenues
5. Growth Level III
(Dominance)
Status
Market Leader
Team
Mature teams in every
geography
Product
Immediate brand recognition
Funding:
Significant M&A Activities
Metrics
$1 bn in revenues
Developed by Manoj Ranaweera, CEO - edocr.com
Use and amend as you see fit
Comments and improvements much appreciated
edocr 5 Stages.mmap - 02/06/2012 - Manoj Ranaweera
</p>