Case Study

The hidden side of fundraising: how due diligence can make or break your deal

The hidden side of fundraising: how due diligence can make or break your deal

When asked what challenges startups face during fundraising, the first thing to be mentioned is invariably getting on investors’ radars. Rarely do they consider anything else until that point is crossed. But once they have to deal with the legalities, a lack of due diligence can become a problem that nips at a founder’s ankles while they try to raise cash. After all the excitement of networking and pitching comes the more tedious yet equally important aspect of fundraising: due diligence. Most startups do it on their own (a lack of manpower being the core reason). It is a tiresome, time-consuming process, especially if the founder is talking to more than one possible investor. Startups will need to provide investors with the correct information, which is why unorganised data may cause

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