We are looking for these qualities and in this order: TEAM, PRODUCT-MARKET FIT, DEAL. Exceptional team should be comprised of complementary technology and management skills. We want to see that the team understands its domain, much better than we do (and we try to get it quick). The Market size is a key factor and we are looking for startups that can grow to become meaningful on a global scale. Then we look at the technology. We are big believers in deep IP that sets high barriers for entry. The last factor in our process is deal-terms that must make sense for us to go ahead.