article thumbnail

Technical Review: A Trusted Look Under the Hood

TechEmpower

Most innovators don’t have a technical background, so it’s hard to evaluate the truth of the situation. And unless they have a tech background, they can’t look under the hood themselves. The answer is to engage a trusted outside source for a Technical Review – a deep-dive assessment that provides a C-suite perspective.

article thumbnail

10 Tips On Due Diligence On Any Startup Funding Offer

Startup Professionals Musings

But people are still begging for more technology or laws, often to protect them from themselves. In this scam, you are offered a very attractive term sheet due to close in 90 days or so, with a deposit required to hold your position while due diligence is being conducted. Deposit required to hold your terms.

Insiders

Sign Up for our Newsletter

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

article thumbnail

6 Startup Lessons Learned By Passionate Entrepreneurs

Startup Professionals Musings

In my own experience with technical startup founders, I still find it hard to name one who was also good, or even interested in financials or business operations. A mistake often made by new business owners due to the unfamiliar new workload is to ignore and lose existing relationships with outside advisors as well as team members.

article thumbnail

53 Questions Developers Should Ask Innovators

TechEmpower

At TechEmpower, we frequently talk to startup founders, CEOs, product leaders, and other innovators about their next big tech initiative. After all, that’s what tech innovation is all about. Do you have a custom algorithm or other technology? Do you have a name, a logo, and have you thought about brand positioning?

Developer 520
article thumbnail

A Guide to Grow Your Tech Startup

ReadWriteStart

With so many startups facing a tough journey right from their inception, the pressing question becomes: How does one successfully navigate the tech industry? The key lies in having a groundbreaking idea and understanding the broader tech landscape and the forces shaping it. Focus on Customer Satisfaction Word of mouth travels fast.

article thumbnail

The Future of Naming is Naming for the Future

ReadWriteStart

This name change was no small fry. The Future of Naming. Your company’s name and messaging should be built with inclusion in mind. Here are some guidelines for naming your company with inclusion and the future in mind. When naming your business, the first place to start is to define your brand identity. Brainstorm.

Naming 144
article thumbnail

How Much Information Should you Give VCs for Due Diligence?

Both Sides of the Table

One VC (I won’t name but with whom I still won’t work today) called Marc Benioff directly. Another VC called the co-founder & tech head – Parker Harris. ” Heading into a Term Sheet – Final Due Diligence. I specifically asked them not to call Salesforce.com – my largest customer.