Startup Funding Espresso What Are Co-Lead Investors?
What Are Co-Lead Investors? Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. The lead investor typically takes up to half of the round in return for leading the diligence and setting the valuation. When there is a great deal of work to be done and no single investor will take the lead then one can recruit a co-lead investor.\xa0 A co-lead investor will join to help with the diligence. In this case it\u2019s best to build a lead investor team. It\u2019s important to divide the diligence tasks among the members so everyone does their share of the work. Some consider the co-lead investor as lacking in interest or commitment. But with the amount of work to be done, it\u2019s not uncommon for investors to look for other ways to accomplish the work. Startups can build lead investor teams to facilitate their funding round. Founders can pull several investors together into one group to perform the diligence and share the results. This often speeds up the funding process as investors look to others for feedback and experience. Consider building a lead investor team on your next fundraise. \xa0 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\xa0 For Feedback please contact info@tencapital.group\xa0\xa0\xa0 Please , share, and leave a review. Music courtesy of .