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The 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 (dependi
by billyhoffman 6y ago
The 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.