Startup Funding Espresso -- Successful Deal Diligence
Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. How can an investor group make the diligence process manageable?\xa0 Here are some steps: Standardize the diligence process Break it down into subtasks and define the process for each task Assign the tasks to team members Set target dates for completion and have periodic check-ins with each team member\xa0 Focus on the key risks and not every aspect of the deal Make clear to the startup how the diligence process works Keep the startup apprised of the progress and status of their deal In most cases, the startup will find the process manageable if they understand how it works and if they see consistent progress to the goal. A good diligence process often provides new information and insight to the startup. Reducing time, making it efficient, and helping the startup, are the signs of a good diligence process. 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\xa0\xa0 Music courtesy of .