CIO - Using a little-known tech supplier can produce big benefits, but it requires doing your homework
1. What is your source of operating capital, and how long can you operate at current revenue levels?
2. Who are your advisers?
3. Do you have a product in production?
4. Who are your key employees, and how will you retain them?
5. What aspect of your product cannot easily be reproduced by competitors?
6. What percentage of your users are paying customers?
7. What is your product road map, and how often has it changed?
8. How much are you spending on security and compliance?
9. How many recurring contracts do you have (versus month-to-month subscriptions)?
10. What is your exit strategy?
For much more on this topic, see " The Risks and Rewards of Using Startups."
Read more about innovation in CIO's Innovation Drilldown.
- Best iPhone, iPad Business Apps for 2014
- 14 Tech Conventions You Should Attend in 2014
- 10 Desktop Apps to Power Your Windows PC
- How to Add New Job Skills Without Going Back to School
- Slideshow: 7 security mistakes people make with their mobile device
- iOS vs. Android: Which is more secure?
- 11 sure signs you've been hacked
- SDCRAA Case Study: Adapting ERP to business needs This case study goes in depth about San Diego County Regional Airport Authority's created flexibility for a changing industry.
- Cybersecurity Imperatives Reinvent Your Network Security With Palo Alto Networks The Rise of CyberSecurity
- 10 Things Your Next Firewall Must do Next-Generation Firewalls Defined
- Firewall Buyers Guide Operate as the core of your network security infrastructure
- Webinar: Building a Big Data solution that's production-ready Big data solutions are no longer just a nice-to-have.
- Meg Whitman presents Unlocking IT with Big Data During this Web Event you will hear Meg Whitman, President and CEO, HP discuss HAVEn - the #1 Big Data platform, as well... All IT Careers White Papers | Webcasts