Each applicant on the Konexons platform receives two scores for their application. The scoring is done by highly experienced analysts who have reviewed hundreds of presentations. Often times they are investors who conduct the scoring. The applicant receive a Konexons Primary Score and the Konexons Composite Score. Below is an explanation of each score.
The Konexons Primary Score is a 1 to 5 score (5 being best), and is based on the following criteria:
- Overall Pitch
- Entrepreneur/Team
- Product of Service
The Composite Score
- Overall Pitch
- Entrepreneur/Team
- Product of Service
- Market Size
- Competition
- Financials
- Exit Strategy
- Will people want to invest
Often times entrepreneurs do not address all of the criteria of the Composite Score. This is why we have implemented the Primary Score. A company may have a strong team and product, but have not done well in other areas. If a company has a strong primary score but a weak composite score, we will reach out to them to see if we can assist them in improving their pitch.