It is a strategic tool designed to bridge the gap between ideation and validation, ensuring business ideas are based on evidence. Unlike traditional models, it includes the Foundation Hypotheses, guiding users through risk assessment and validation.  

Key components include:  

• Opportunity: Defines target customers and their needs. 
• Value: Describes the core value proposition. 
• Feasibility: Outlines resources, technologies, and processes.  
• Economic Expectations: Highlights revenue model and financial assumptions.  
• Hypotheses & Risks: Identifies assumptions and risks. 
• Confidence Levels: Assesses business readiness.  
• Prioritization & Next Steps: Guides decision-making.  

It serves as an actionable, evolving framework to help teams make informed decisions.