That should always be the main step when it comes to choosing a project you want to invest in, which is a careful consideration on what the project entails in all, as well as their long term prospect based on the team and their ability to be able to come up with something strong and useful, as well as the minimum viable product they have been able to work on at the moment.

Documents are just thereby, they can be cloned, and they cannot be fully reliable even though they should us the business solutions, but what you really want to be looking at mostly is the team potential as well as the product potential.