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Time consumption.
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Which venture capitalists are investing in agtech.
Market research is essential for startups to understand the target audience and to confirm the problem their product or service aims to solve. This research allows businesses to develop a well-defined problem-solution hypothesis, which is critical in attracting investors during the pre-seed funding stage. Comprehensive market research also aids in refining the business model to ensure the venture remains competitive within its industry, making it an attractive investment opportunity.
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Founders' expertise and track record in the industry The team’s cohesion, commitment, and ability to execute the business plan The alignment of the founders' vision with the investors’ goals.
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