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I've been at many startups during a fundraising round, and I don't think I've ever seen or heard of an investor auditing the codebase.
by akavi 4y ago
I've been at many startups during a fundraising round, and I don't think I've ever seen or heard of an investor auditing the codebase.
- xwdv 4y agoI offer this as a service. Typically when there’s a big acquisition and an audit of the codebase is needed, I gather up a group of developers each paid about $250/hr to go through the codebase and conduct audits looking for any red flags and giving an estimation of existing technical debt.
- 8note 4y agoThis sounds both really painful and really fun. Is there a line item for "this code feels like there's something wrong, but I can't tell what" ?
- grogenaut 4y agoWhen I did code dilligence, I just add it to a list of possible risks... or areas we'd like deeper investigation. Usually go back over it in follow up.
- dieselgate 4y agoNeither have I but read some stuff about Tesla devs checking out the Twitter codebase or something? It’s ridiculous but that’s the only data point known to me
- jfengel 4y agoThat wasn't due diligence (which he'd waived) but a census of what he'd bought after the fact. They weren't validating the purchase, but helping him plan what to do with it.
- kasey_junk 4y agoI’ve been apart of many code audits as part of acquisitions and fundraising rounds on both sides. I don’t know how prevalent it is but I’ve done it enough times that I don’t bat an eye when it comes up.