Listed under Marc Andressen’s “The Pmarca Guide to Startups, part 2: When the VCs say “no“” is an entry on “What are the layers of risk for a high-tech startup?”. The risk categories include: founder; market; competition; timing; financing; marketing; distribution; technology; product; hiring; location.
Links to some other instructive and inspired posts: “The truth about venture capitalists, Part 1”; and “How to hire the best people you’ve ever worked with.”