In this video, we explore the process of due diligence from both the startup and investor viewpoints. We observe that many first-time angel investors might be uncertain about what due diligence entails and might not know to ask for a diligence box or a data room.
To assist these investors, I suggest guiding them through the diligence box and answering any arising questions, effectively accomplishing the due diligence process which could potentially lead to an investment.
When dealing with a venture capital (VC) fund, the process is more regimented and can span several weeks. We advise understanding and facilitating the VC’s process as much as possible.
We also share our experiences with family offices, noting that they often have a dedicated VC department and other departments to manage their various investments. We mention that family offices either have knowledgeable family members handle the due diligence or they employ external experts to ensure the diligence process is comprehensive and accurate.
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For a comprehensive guide, head to CallingTheCapital.com for a free download of “Calling The Capital: 20 Ways to Incorporate Urgency Into Your Capital Raise,” or grab it from Amazon.
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Hall T. MartIn: https://www.linkedin.com/in/halltmartin/
Ten Capital Network: https://tencapital.group/
