Gust

article thumbnail

Startup Due Diligence Is Not a Mysterious Black Art

Gust

This is the dreaded “due diligence” process. In my view, understanding due diligence can only improve information flow, and leads to a better long-term partnership with your investor. Technical due diligence typically starts with a full one or two day review with the engineering and product marketing staff.

article thumbnail

8 Key Questions To Expect In Investor Due Diligence

Gust

The only true outside board or advisory members are not family members, not current investors, but are experienced entrepreneurs with deep knowledge and connections in the relevant business area. In the parlance of an investor, asking these questions and getting answers is the heart of that mysterious “due diligence” process.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Key Traits Of An Ideal Entrepreneur Partner

Gust

Most entrepreneurs work long hours and weekends to get the job done. Thus you should do the same or more due diligence on educational background, previous work, and references. Invested Interests business entrepreneur partner startup' Compatible work styles. No historical baggage.

Partner 179
article thumbnail

Entrepreneurs: Due Diligence on Investors is Smart

Gust

Due diligence should always be a two-way street. A while back, I published an article on “ Startup Due Diligence Is Not a Mysterious Black Art ,” describing what investors do to validate your startup before they invest. Network with other entrepreneurs. Remember, if it sounds too good to be true, it probably is.

article thumbnail

A Visit With the European Startup Community

Gust

In all four countries we met passionate entrepreneurs who were eager to discuss their exciting startups, as well as angel investors looking to support them. The following day, I delivered a four hour workshop on capital sources and pitch strategies for fifteen entrepreneurs in the Propel program.

Community 121
article thumbnail

Crowd Funding – A Critique for Entrepreneurs and Investors

Gust

Crowd funding enables entrepreneurs to raise money in relatively small amounts from large numbers of interested investors. Recently, entrepreneurs in many countries have been soliciting investment through “crowd funding” websites designed specifically for fundraising purposes. We will circle back on these two “lessons learned” below.

article thumbnail

Nuts & Bolts of Intellectual Property for New Startups

Gust

.” Apart from all the other benefits of good corporate hygiene and risk management, handling these IP issues carefully from inception can go a long way to allay the concerns investors or their counsel may have in doing due diligence.