What happens in Vegas no longer stays in Vegas
Best Disclosure Practices when your Uglies already exist Diligence is a topic that tends to be overlooked, probably because it is boring. Mostly people think of it from the perspective of whether your documents are in order etc. and mostly that is right. But, there is one thing that deserves special mention: background checks. Not every investor hires an investigator, but they all know how to use Google and in this day and age, almost everything about you is easy to find online. If you have something in your past, let’s call them “Uglies” that an investor might be sensitive...
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Due Diligence from the VC Side
One of my themes has been how to deal with VCs. In particular, I have focused on making pitches, but, obviously, the process of getting funded involves a lot more than that, and the beginning of the process is the due diligence that a VC undertakes when making an investment decision. Here is a really good blog entry from Jeff Bussgang posted on Always On's blog. It is definitely worth a read....
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