How to assess an application for investing purposes?
jaddison: Does the product solve a problem?If so, what is the problem?Does the problem exist for a large enough number of users?Are those users likely to be paying users (or a sufficient percentage of them)?  Or are there other relevant revenue models that exist - hopefully the company is aware of them?The product isn't really the determination of whether the company is investment-worthy or not; it's whether the problem it is meant to address is inconvenient enough for users to WANT to get the product.