1. Traction 2. Team 3. Product 4. Social Proof 5. Pitch/Presentation Unless #1 (traction) implies some sort of revenue, this list is absolutely bullshit. Sure,

1. Traction 2. Team 3. Product 4. Social Proof 5. Pitch/Presentation Unless #1 (traction) implies some sort of revenue, this list is absolutely bullshit. Sure, if the goal is to enter the ponzi-scheme-esque world of VC rounds then I suppose it's acceptable to avoid actual profitability in the effort to grow the userbase. But if you actually plan to run a big boy business, it's probably a good idea to put revenue above all other items in the list.