5 ms·
> deals were on the order of tens of millions of euros Early stage folks tend to be more lightweight than the processes you mentioned. Less technical due dilig
by joshu 17y ago
> deals were on the order of tens of millions of euros
Early stage folks tend to be more lightweight than the processes you mentioned. Less technical due diligence (because there's less to investigate, obviously, etc)
> some may even have an angel fund of their own
Increasingly, this is not allowed.
- jacquesm 17y ago> Early stage folks tend to be more lightweight than the processes you mentioned. It depends on how far you got under your own power and how big the deal is. Anything that comes from a fund will have the whole show regardless, they have to because otherwise if a company imploded after the deal was done they could be held liable. And some small time investors are quite savvy, and have their own small army of people to call on. "Angel" deals are different, there it is all much more personal. But even an Angel deal > 250K will have quite a bit of dd, unless there is a longstanding relationship between all parties.