One of the most important qualities investors look for in a startup is defensibility. Can a startup's product quickly be copied? Does it have technology or patents no company has had before? Are users flocking to its product like locusts?
At the seed stage, when startups are in their infancy, I believe there are two type of startups. The first is the technology startup -- it's a company that is defensible because it has built unique technology nobody else has. The second type of start is the traction startup -- unlike technology startups, the traction startup is defensible … Read more