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This is because who pays for Due Diligence... if you are paying you can influence it. I'd love for there to be a firm that did a 50/50 escrow for DD.
by WrtCdEvrydy 6y ago
This is because who pays for Due Diligence... if you are paying you can influence it. I'd love for there to be a firm that did a 50/50 escrow for DD.
- billyhoffman 6y agoThe VC firm pays for their own DD. Certainly if they are leading the round. Initial meeting-> NDA -> some due diligence -> letter of intent/term sheet (depending on the transaction) -> 30-45 days of very deep due diligence.