What is the Due Diligence process?

Answer

Full Members who are investing in the deal are in charge of performing due diligence. We can support the investors as needed based on their experience. Some information will be provided by the companies. Companies may have an online Data Room, but most early-stage companies will not. We typically store any information from the company or from other sources on the deal management platform. If investors wish to conduct other research on the market, technology or industry that is the responsibility of the investors in the deal. We have members who are experts in many fields, and investors can ask each other for support. If investors need guidance on deal terms, investor rights, or similar, we do have access to legal counsel when it is warranted. For the vast majority of deals, the terms are straight forward, and questions can be answered by experienced members.