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Marc Andreessen’s 3 Criteria For Startup Success


Posted by , May 28th, 2010

Mark Andreessen gave a presentation at Stanford recently. He detailed the three requirements for a successful startup:

1. Enormous market (either existing, or new)

2. A fundamental technological or economic change (the product must be “10 times” better/faster/cheaper than what’s on the market now)

3. A kick-ass founding team (tech and sales “superstars” are most important)

Well, the mobile market is gigantic, the biNu mobile internet platform is 3-5 times faster than the typical browsing experience on low-end feature phones and we have a kick-ass tech team!