This article is part of an ongoing series on Due Diligence. To learn more about performing due diligence quickly and effectively, download this free eBook today Stones Unturned: An Investor's Guide to Due Diligence in Early Stage Companies or purchase our books at Amazon.com.
In addition to articles and eBooks, the Seraf Compass makes various tools and checklists available for anyone to use.
We have written quite a bit about the importance of thorough diligence and a professional and efficient overall diligence process. A key element is having a good diligence checklist. Here is the Due Diligence Checklist we use and recommend. This checklist was developed after many years of investing at Launchpad Venture Group. Working closely with one of our best deal leads, Gail Greenwald, we put together this checklist to help guide our internal due diligence process. The Due Diligence Checklist is designed as a quick reference guide to help steer you through the various aspects of diligence. It covers key items such as:
Information and documents you need to request from the company
Tasks your due diligence team needs to perform
Questions you need to ask of management, customers, references and partners
There may be other questions you want to add, or sections you want to go deeper on in certain company situations, but by using this checklist, you can ensure that your process covers all the major areas of diligence for early stage technology companies.
For more on the due diligence process, download this free eBook Stones Unturned: An Investor's Guide to Due Diligence in Early Stage Companies or purchase our books at Amazon.com.