Nito

Талент хайж байна уу?

Guidelines for Effective Assessment

Dear SLTC Committee Member

For your assessment of the shortlisted startups, please carefully read the following guidelines before starting your assessment.

Number of Startups

Based on the pre-qualification process between 5 – 10 August 2019, the Irbis Ventures management team has shortlisted a total of 17 startups for your consideration. We believe that these startups are worth your time, and could be a good investment opportunity for Irbis Ventures. In this regard, we need your help to assess each of these startups. Please do not leave any startup without scoring.

Order of Assessment

We recommend you to follow the following order of assessment:

Review a startup’s profile and application;
Review “ Peer Review” which include the scoring and feedback provided by the matched peer startup of the startup being assessed;
Review “ Important Factors for Consideration” which have been prepared by our management team for your consideration;
Review “ Shared Notes for Committee Members” which have been inserted by your fellow committee members;
Insert notes at “ Shared Notes for Committee Members” if you have any important matter to note for your fellow committee members’ consideration; and
Based on your review of the foregoing materials and information, please assess the startup in accordance with the assessment metrics stated below.

Assessment Metrics

Please consider the following metrics in assessing the startup being reviewed by you. You do not need to answer each question. These questions are designed to help you to form your assessment of the startup being reviewed. Please also note that depending on the startup’s stage (concept, MVP, launched and monetising) some questions might not be applicable.

Founders

Are the founders committed?
Do the founders have domain knowledge in this industry?
Do the founders have past success such as an exit through IPO or acquisition?
Do the founders look like they get along?
Is the team balanced?

Product

Is there product market fit?
Are there users using the product already?
Is the product scalable?
Can the product be used globally?
Is there any IP to it?

Environment

Is the environment that the start-up in, suitable for its business model?
Will our investment be safe in that environment?
Do we have sufficient knowledge in that geography to advise the startup?
Is this the right timing to introduce the product?
Are the competitive landscape aggressive?

Business Model

Is the start-up generating revenue?
Is the revenue recurring or one-off?
Has there been growth in the past period?
Is there a clear route to profitability?
Can we introduce potential client to them immediately?

Irbis Ventures Fit

Do we have the necessary resources to help this startup?
Is there a clear way for us to exit the investment?
Is there any immediate introduction we can make to this startup?
Is the start-up coachable?
Would you like to mentor this startup?

Privacy

Data Protection Notice

Last Revised: 1st April 2021

This Data Protection Notice (“Notice”) sets out the basis which Nito Pte. Ltd. (“we”, “us”, “our”, or “Company”) may collect, use, disclose or otherwise process personal data of our customers in accordance with the Personal Data Protection Act (“PDPA”). Nito Ventures Pte Ltd., a Singapore company, located at 50 Raffles Place, #37-00, Singapore Land Tower, SG 048623 is committed to protecting and respecting your privacy. This Notice applies to personal data in our possession or under our control, including personal data in the possession of organisations which we have engaged to collect, use, disclose, or process personal data for our purposes.

This notice applies to information we collect whenever you use our websites (any page on the ventureos.com domain), including https://ventureos.com, (collectively, the “Sites”) or otherwise interact with us as described below. Please read the following thoroughly to comprehend our practices and views with regards to your personal data and how we will handle it.

We may make changes to this notice occasionally. If we do make changes, we will inform you by updating the last revised date at the top of the notice. We may also provide additional notices to you (like sending an email to you or including a statement at the homepage of our Sites). Please also do occasionally review our Data Protection Notice whenever you interact with us to be informed about the ways you can help protect your privacy and our information practices.