• A strategy and commitment to protecting and leveraging the company's intellectual property; • An experienced and mature management team that knows how to actually make money, not just raise money; • A business model that will produce sustainable and durable revenue streams (e.g., targeted customers who can actually pay your bills); • A genuine understanding of the strengths, weaknesses (and likely next moves) of your competitors; • A corporate culture which is more focused on financial performance and financial tables than pool tables and chill-out rooms; and • A leadership vision which is more focused on keeping your eyes on the road rather than searching for the next exit strategy.