The 5 main qualities of an ‘exceptional startup,’ in the following order: 1. Traction, 2. Team, 3. Product, 4. Social Proof, 5. Pitch/Presentation.
(Full Post: http://venturehacks.com/articles/unfundable-startup)
Babak Nivi is a co-founder of AngelList andVenture Hacks. Previously, he was an entrepreneur-in-residence at Bessemer Venture Partners and Atlas Venture. He has worked on startups including Songbird, Grockit, and Kovio. He went to school at MIT where received 2 patents and published in Science.