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From the perspective of what you would want to ask them (you'll need to phrase more politely than my thoughts here):

Founder(s) background(s) / prior wins

Competitors

Market for product / growth potential / expected scale

How many other developers

Release schedule (ie: when is the first Beta, etc)

Founder(s) reason for starting the company (get rich, get famous, have fun, etc)

How far is the Angel or First/current funding expected to take them? Then what?

Pricing model.



I always tend to ask a question like:

In every company, there are issues and problems that everyone seems to be concerned with. For example, at my last job, there seemed to be a division between the "old timers" and the new wave of recent hires. What kinds of things do most of your employees tend to be concerned with or worry about?




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