Startup Funding Espresso -- Diligence Report
Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In running a deal follow-up process, you\u2019ll need to create a diligence report. Here are some key points to consider: Start with a template that lists the required information. Include instructions in the original template for the team members to follow. You may be cycling through many members so you should write out the expectations for each task. Keep the report short and to the point. Build the report as you go and capture information in one place.\xa0 The deal lead should edit the final report for readability and consistency. Everyone on the deal team has access to the report so the status is clear and what\u2019s not yet done is obvious.\xa0 Capture not only the data but also the deal team\u2019s thoughts and impressions. Store the diligence report in the folder or box account along with the supporting information. Keep a list of all diligence reports for future review. Finally, share the report with the investors interested in joining the deal. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let\u2019s go startup something today.___________________________________ For more episodes from Investor Connect, please visit the site at: \xa0 Check out our other podcasts here: \xa0 For Investors check out: \xa0 For Startups check out: \xa0 For eGuides check out: \xa0 For upcoming Events, check out \xa0 For Feedback please contact info@tencapital.group