majiayu000 08 STRATEGY GROWTH — Góc Nhìn Nhà Đầu Tư
Overview
Góc nhìn nhà đầu tư cho 08 STRATEGY GROWTH trong dự án PikaRobot.
Core Principles (Investor Lens)
- Risk-First Thinking — Identify và quantify risks trước khi nhìn upside
- Portfolio Perspective — Đánh giá PikaRobot như 1 bet trong portfolio
- Information Asymmetry — Luôn giả định founder biết nhiều hơn, dig deeper
- Margin of Safety — Valuation phải có buffer cho sai sót
Best Practices
| Practice | Why | How | Anti-pattern |
|---|---|---|---|
| Due Diligence Checklist | Systematic evaluation giảm bias | Follow checklist trong references/knowledge-base/ | Cherry-pick data points confirm bias |
| Reference Check | Validate founder claims | 5+ back-channel references, không chỉ provided refs | Chỉ nói chuyện với references founder đưa |
| Financial Model Review | Verify assumptions hợp lý | Check unit economics, growth assumptions, burn | Tin financial projections mà không stress test |
Decision Framework
Investor Scoring Card (1-10 mỗi tiêu chí):
Market (TAM, timing, tailwinds): ___/10
Team (capability, coachability): ___/10
Product (PMF signals, moat): ___/10
Financials (unit economics): ___/10
Deal Terms (valuation, structure): ___/10
Total ≥ 35: Strong Invest
Total 25-34: Conditional (fix gaps)
Total < 25: Pass
Checklist — Trước Khi Ra Quyết Định
- Investment thesis written (1 paragraph clear)
- DD completed (market, team, product, legal, financial)
- Red flags listed và assessed
- Comparable deals researched (3+)
- Exit scenarios mapped
- Deal terms reviewed by counsel
Common Mistakes (Investor)
- ❌ FOMO: Invest vì deal hot, không vì thesis
- ❌ Anchoring: Bám vào valuation number đầu tiên nghe được
- ❌ Recency bias: Over-weight recent performance
- ❌ Founder charisma: Bị founder charm mà skip DD
- ✅ Counter: Luôn write down thesis TRƯỚC khi gặp founder
Tools & References
→ references/knowledge-base/ — Market reports, DD frameworks
→ references/problem-solving-use-cases/ — Past investment decisions
→ references/draft-CKP/ — Working drafts