8 Key Questions To Expect In Investor Due Diligence

Gust

They should be asking to speak to you if you are a potential investor or a superstar hire. In the parlance of an investor, asking these questions and getting answers is the heart of that mysterious “due diligence” process. Image via LeadChangeGroup.com.

8 Key Questions To Expect In Investor Due Diligence

Startup Professionals Musings

They should be asking to speak to you if you are a potential investor or a superstar hire. In the parlance of an investor, asking these questions and getting answers is the heart of that mysterious “due diligence” process. due diligence employee entrepreneur investor startup

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Corporate Due Diligence Fast and Easy - DShen's Blogs

Dshen

Corporate Due Diligence Fast and Easy. In two past posts, I talked about doing due diligence on startups. The first one was The Lack of Due Diligence is Appalling and Foolish where I lamented that most investors I met out there did virtually no due diligence whatsoever.

Getting Funded: Step 4, Due Diligence

Passionate Intensity

Tweet You made it through the partner meeting , your email dings, your phone rings — good news: the VCs liked your company enough to proceed to the next step: due diligence. Due diligence is a two-way street. ” Due diligence is all about verification.

Giving Due Diligence Calls Their Due

Genuine VC

Usually you’ve already made a selection of whatever type (hiring a new employee, deciding on a VC, choosing a new vendor), and then the next/final logical step in a “process” is to call a few people just to verify what you’ve already decided. All of that being said, it surprises me how infrequently startups, and especially startup founders, make diligence calls to pressure-test their decisions.

8 Key Questions to Break Thru Entrepreneur Hype

Startup Professionals Musings

They should be asking to speak to you if you are a potential investor or a superstar hire. In the parlance of an investor, asking these questions and getting answers is the heart of that mysterious “due diligence” process.

How To Hire Rock Star Employees

YoungUpstarts

Hiring someone who will be “highly admired” in the workplace is the ultimate goal when filling any type of position. In a 2015 small business survey, 42% of small business owners identified hiring new talent as their biggest challenge.

5 Things To Do To Make Sure Your First Hire Is A Good One

YoungUpstarts

Perhaps almost as exciting as starting a new business is making your first hire. So the last thing you want to do is have it all go wrong by hiring someone who’s a bad fit, making mistakes with their paperwork or paycheck, or failing to do your proper due diligence on the candidate.

Hiring A Key Executive – Tips For The Hands-On CEO

YoungUpstarts

The new hire process, particularly at the executive level, is a significant decision and can be quite involved. The best hiring CEOs understand they are the ones ultimately making the decision and drive the decision-making process. This results in a “watered down” hire.

7 Reasons A Small Business Should Hire Advisors 

YoungUpstarts

The right advisor can have a greater impact on the success of your small business than any other hire you ever make. Have a CTO Advisor Provide Their Guidance & Due Diligence Suggestions on a Large Upcoming Technology Expenditure. by Jonathan Aspatore, CEO of ExecRank.

Getting Funded: Step 4, Due Diligence

Passionate Intensity

You made it through the partner meeting , your email dings, your phone rings — good news: the VCs liked your company enough to proceed to the next step: due diligence. Due Diligence” is a broadly defined term with explanations here: WikiPedia , Webster’s , and elsewhere. You want a diligence period because this is also a time for you to do your checkup of the fund and the people offering to finance his company. Due diligence is a two-way street.

Hire a Recruiter.Now

Seeing Both Sides

That's why, even though it flies in the face of conventional wisdom, I'm advocating that all my portfolio companies hire recruiters when they are trying to fill senior or key positions. Typically, when a young company gets financing and begins to hire, they seek to leverage the network of the founding team and their investors. This network provides some valuable leads and perhaps a few hires. I thought hiring them represented a personal failure on my part as an entrepreneur.

A Recruiter's Guide to Hiring the Super Motivated

Inc Startups

Here''s an assessment system to help ensure that you don''t hire the candidate who''s almost good enough. A good first impression may compel you to seek out evidence to justify a hire, and the opposite is true for candidates who begin on the wrong foot.

How to Hire Employees You'll Never Meet in Person

Inc Startups

iCracked, an iPhone repair service that has hired hundreds of remote workers, has developed an elaborate interview process to make sure it gets the right people. We screen out 99 to 99-and-a-half percent of all applicants before we hire someone," he says.

Rock Solid Software Testing Without Hiring an Army | Trish Khoo | Google | BoS2015

Business of Software Blog

In this talk, Trish Khoo outlines two approaches to keeping pace and quality high without hiring an army, drawing on a decade of software testing at Campaign Monitor, Google and Microsoft. So quality problem, quality solution, hire a QA assurance team. Hiring.

Hiring Tips for First-Time Entrepreneurs

Inc Startups

Here are some hiring tips to help you get started. Hiring the best people is critical to your success so you need a strategy or roadmap to do it well (like any other aspect of your business). Hiring is the same way. Now that you've raised money, how do you build a solid team?

Video Of The Week: Jerry Colonna on ThisWeekIn

A VC : Venture Capital and Technology

We hired Jason to do some due diligence for us on a potential investment in Geocities. Back in 1996, at the very start of Flatiron Partners, Jerry Colonna, who started Flatiron with me, introduced me to Jason Calacanis.

Looking to sell? When and how to hire an investment bank

Version One Ventures

When entrepreneurs are thinking about an exit, they typically wonder if they should hire an investment bank to help with the process. Since I’m often asked about the process, I thought I’d break down my advice on when and how to hire an investment bank. In addition, the bank’s transaction experience comes in handy to speed up the negotiation and due diligence process. How to hire a bank. When and how to hire an investment bank appeared first on Version One.

Global Expansion: 8 Tips to Make Your Next Acqui-Hire Successful

Cracking the Code

As an investor, I’ve sat on both sides of the table in more than a dozen acqui-hire situations. However, not all acqui-hires are created equal, but there are numerous pre-deal considerations to ensure post-deal success. An acqui-hire is not a cash-out event.

Watch Out For Snake Oil! How to Hire the Right Business Plan Writer

Business Plan Blog

How to Hire the Right Business Plan Writer. Query “Hire a Business Plan Writer” into your favorite search engine. Whether you are about to begin your first business or starting another, understand the purpose of a business plan and establish criteria to hire a business plan writer.

6 Ways to Avoid the Dreaded Bad Hire

Blogtrepreneur | Entrepreneur Blog

One bad hire can destroy all your hard team building work and demotivate everybody. Today we’re going to give you some techniques to prepare you for the hiring minefield. Obviously, that’s not a great hiring approach. The thing is, due to the halo effect clumping everything together this attribute is massively overvalued. Due diligence Due diligence is far easier today, with the world as connected as it is, which makes it far easier to dig up dirt on a person.

How To Choose An M&A Advisor When You’re Selling Your ‘Baby’

YoungUpstarts

Not all personal accountants are accustomed to working on an M&A transaction, so make sure to hire someone expert in determining the valuation that makes sense for your particular company. by Larry Fontillas, managing director of the Americas for ansarada.

8 Entrepreneur Mistakes Which Will Kill Seed Funding

Startup Professionals Musings

Failure to prepare for due diligence. Not doing due diligence on the funding source. You need to complete due diligence on your prospective funders as they complete due diligence on you.

In-House vs. Hiring an SEO Professional: Which Path Should You Choose?

Duct Tape Marketing

In-House vs. Hiring an SEO Professional: Which Path Should You Choose? Business owners need to sit down with the people in their organization and decide if they are going to take on these tasks themselves, hire a permanent role in-house to dedicate to this or seek help from an agency.

We’re hiring an analyst!

Version One Ventures

So it is time to get some help to manage the fund and I am excited to announce that Version One is hiring an analyst. Performing market research and due diligence for potential investments (interviewing customers/users, testing products and services, and/or financial modeling). Working with existing portfolio companies, including helping out with hiring, financial modeling, and research. The post We’re hiring an analyst!

How Silicon Valley's Most-Connected Exec Does His Hiring

ReadWriteStart

Introduced before keynoting at Austin, Texas's Capital Factory Demo Day as "the most-connected person in Silicon Valley," Hoffman gave a really interesting talk about how he handles hiring at his company. Auren Hoffman on hiring people to work in tech startups.

8 Startup Gaps That Will Frustrate Funding Efforts

Startup Professionals Musings

Failure to prepare for due diligence. Not doing due diligence on the funding source. You need to complete due diligence on your prospective funders as they complete due diligence on you.

How to Pick a Partner Who Will Amplify Your Efforts

Startup Professionals Musings

Partner decisions are more important than team member hiring decisions. Thus you should do the same or more due diligence on educational background, previous work, and references.

Hiring a Leader? Vet How She Treats Subordinates

Inc Startups

Don't hire them. That's a logical question I pose to people who are in hiring positions because I want to encourage them to find out what candidates are like from the perspective of superiors—as well as peers, and subordinates.

The Audacious Plan to Make Electricity as Easy as WiFi

Both Sides of the Table

I seldom hire patent attorneys during due diligence but this was too important. We hired OSHA regulatory lawyers. We hired IP specialists to review prior art. When I first met Meredith Perry she was 24. That was three months ago this week.

Hiring an Associate at Bessemer

Adventurista

As an Associate, you’ll be prosecuting all stages of due diligence from financial analysis to customer references. We are looking tohire an Associate to join me and my colleague Jeremy Levine at Bessemer. This is a Silicon Valley-based opportunity,though we anticipate that it will involve frequent and extended travel to New York, at least initially.

9 Common Mistakes to Avoid During Funding Rounds

Up and Running

I made the rookie mistake of not hiring an attorney when raising our first round. Not doing due diligence. We now structure time for due diligence to manage expectations appropriately. – Carrie Rich, The Global Good Fund.

Eight Questions Every Startup Hopes You Won’t Ask

Startup Professionals Musings

They should be asking to speak to you if you are a potential investor or a superstar hire. In the parlance of an investor, asking these questions and getting answers is the heart of that mysterious "due diligence” process.

How to Hire in a Bad Economy: 5 Tips

Inc Startups

You'd think it would be easier to hire in a bad economy, but it's not. 2) Recognize that hiring is a time intensive process that involves both evaluating and selling at all times. Your extra due diligence will also show the candidate that you take the position, and your company, seriously Here's why, and what to do about it. Putting the right people in the right roles can make the difference between a mediocre company and an outstanding one.

Checklist To Find The Startup Partner Of Your Dreams

Startup Professionals Musings

More than one startup team has been broken due to differences in work style -- for example, if one person works on the business 20 hours a day, while the other has a nine-to-five mentality. Thus partnership decisions are much more critical then employee hiring decisions.

10 Ways An Entrepreneur Can Build A Winning Culture

Startup Professionals Musings

That’s why they insist on spending a day with your team as part of the due diligence process. Focus on hiring the right people, and deal quickly with mismatches. Skills and experience are necessary in hiring, but finding a match in values and culture is equally important.

Getting A VC Job

Rob Go

These firms often hire junior folks from top-notch schools, sometimes right out of college (and often collegiate level athletes). You’ll notice what isn’t on the list is showing that you are great at doing financial modelling or conducting due diligence.

Startup Competition Slides: A Common Red Flag in Pitches

View from Seed

It turns out good investors will do their own due diligence and will figure out how they think about competition for themselves. Here’s the test: Think of the person you are most desperate to hire. Which companies would you be most worried about if they hired her instead?

True Story: We Didn’t Buy The Victim Pitch

Gust

The new job never want to hire somebody with that kind of chip on a shoulder. Suffer that in silence and maybe your potential investors will discover that in due diligence. Most of us know not to complain about the previous employer during a job interview.

Taking The Plunge – 5 Steps To Recruiting Your First Employees For Your Business

YoungUpstarts

One of the crucial steps in getting your business up and running is to hire your first employees. is probably not the best approach to hiring for your business. Hiring must be a priority or at the very least, scheduled into your busy day to ensure it is done effectively.