Investment Thesis Validation

Every investment thesis is a stack of assumptions. Most get tested only after the cheque is signed. Pre-IC validation runs structured expert and customer research against the 3–5 most fragile assumptions — and tells you when one of them is wrong.

Discipline: investment thesis validation
Pricing: €12,000–€40,000 / thesis
Timeline: 2–4 weeks
Format: Project or programme

01/What It IsDiscipline definition

Investment thesis validation is the discipline of identifying the 3–5 most fragile assumptions in an investment thesis, then running targeted primary research against each to test, support or kill them before capital is committed.

02/When To Run It4 trigger moments

+Pre-IC for VC or PE investment thesis
+Hedge-fund position-sizing on a high-conviction long or short
+Family-office direct investment pre-commitment
+Corporate venture: testing strategic thesis behind a corporate VC bet

03/How FieldSignal DeliversOur approach

+Identify the 3–5 most fragile assumptions in the thesis
+Targeted research design against each (calls, surveys, channel checks)
+Sensitivity analysis: which assumption breaks invalidate the thesis?
+Findings deliverable formatted for IC use

04/Sample Questions4 examples

Q.01
Q.02
Q.03
Q.04

05/Pricing & TimelineHonest ranges

05.1

Pricing range

€12,000–€40,000 / thesis

Range reflects project size and complexity. Smaller engagements possible — ask.

05.2

Timeline

2–4 weeks

Accelerated timelines available for live transactions or competitive launches.

06/Related Disciplines3 suggestions

M&A DUE DILIGENCE

M&A due diligence

Pre-LOI and pre-close primary research for strategic and financial acquirers.

COMMERCIAL DUE DILIGENCE

commercial due diligence

Buy-side and sell-side CDD built on operator and customer interviews.

MARKET SIZING

market sizing

Bottom-up TAM/SAM/SOM validated by operators in the category.

Run investment thesis validation with us. Brief in 24h.

We'll tell you if the discipline doesn't fit the decision.