Startup Funding Espresso -- Follow-up Calls

Published: Jan. 20, 2021, noon

b'Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In running a diligence process it\\u2019s important to keep track of the progress of team members. Set up frequent follow-up calls to check progress and resolve issues. Follow-up calls should be scheduled and led by the deal lead. A check-in call should take no more than 30 minutes. In the follow-up calls, make sure the team members share their information in the Google doc format so the lead can start compiling the information into the final diligence report.\\xa0 Take notes directly into the report including outstanding issues and questions for the startup.\\xa0 In most cases, new information about a startup will come to light that may give the team pause about continuing with the investment. If the new information is a major change, then the deal lead should gather feedback from the group and follow up with the startup to get clarification. Plan on two follow-up calls in your month-long diligence process. hank 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 For Feedback please contact info@tencapital.group Music courtesy of .'