Startup Assessment
For founders deciding where the company stands.
WHAT YOU RECEIVE
A decision memo, an evidence-gap map, and a prioritised next step.
MARCUS / STARTUP & FUNDRAISING ADVISOR
I help founders validate opportunities, shape commercially viable products, and prepare for fundraising—with a clear view of the next milestone, capital needs, and ownership trade-offs.
Validation · Product strategy · Commercialisation · Fundraising · Growth
Build, hire, raise, launch, or scale when the evidence supports it.
01 / FIND YOUR STARTING POINT
Progress is not always linear. Start with the earliest dependency that the evidence does not yet support.
Validate
Interview recent buyers or people using a workaround. Ask about the last real occurrence, then test a specific paid offer.
Build
Test a focused prototype with the intended user. Separate usability problems from lack of demand.
Commercialise
Test a real price with a defined buyer and document the full cost of fulfilling the promise.
Go-to-market
Run one focused channel experiment for one segment. Track the path from response to retained customer.
Fundraise
Cost the milestone, compare capital sources, and examine the fully diluted cap table with appropriate specialists.
Scale
Run a bounded expansion pilot with explicit cost, quality, and stop conditions.
02 / ADVISORY ENGAGEMENTS
Each engagement begins with the decision, the evidence available, and the commitment under consideration.
For founders deciding where the company stands.
WHAT YOU RECEIVE
A decision memo, an evidence-gap map, and a prioritised next step.
For one material decision with a defined deadline.
WHAT YOU RECEIVE
Options, trade-offs, a recommendation, and an experiment or execution plan.
For founders considering how to finance the next milestone.
WHAT YOU RECEIVE
A milestone-led capital plan and a sequenced preparation roadmap.
For founders facing connected product, commercial, and capital decisions.
WHAT YOU RECEIVE
Decision records, priorities, specialist handoffs, and milestone reviews.
03 / CAPITAL WITH A PURPOSE
Start with what the company needs to prove. Then determine how much capital it needs, where that capital should come from, and what it means for ownership. Fundraising is one option—not the default next step.
Is there enough customer, company, and commercial evidence to support a credible process?
What will the next milestone cost, and how much runway does the company need to reach it?
Are the narrative, financial model, ownership records, and diligence materials consistent?
Which investors match the stage, cheque size, sector, geography, and future financing path?
What do dilution, governance, option pools, and future rounds mean for founder control and flexibility?
04 / WORKING APPROACH
Structure the question, make assumptions visible, and define what the next action must prove.
Locate the earliest unresolved dependency.
Choose the uncertainty that matters now.
Set the evidence threshold before acting.
Run the smallest credible next step.
Use the result to proceed, adapt, pause, or stop.
05 / FOUNDER-SIDE
Marcus supports founders across validation, product strategy, commercialisation, fundraising, and growth. The work connects product, commercial, capital, and execution decisions around the company’s next milestone.
Founder-side does not mean automatic agreement. Sometimes the useful recommendation is to narrow the offer, delay a hire, test demand, preserve runway, or choose not to raise yet.
About the approach06 / NOTES FOR THE NEXT DECISION
Decision memo · 5 min
Venture validation · 4 min
Business models · 4 min