Ask AI
Log In Sign Up
Go to Fundraising
Previous Question Next Question
0
Fundraising

What additional background checks do reputable FoFs conduct during DD besides data room analysis?

Asked by:
Community Member
1
0
May 03, 2023
I'm being DD'ed by a reputable yet discreet FoF which got a strong reference check with one of my board advisors. What kind of background checks do FoFs typically conduct as DD besides looking at the data room?
Top Repies
0
Community Member
Accepted Answer
May 03, 2023
The chances of them investing is very low, so don't waste time. They will do extensive background reference checks on the general partners, speak with portfolio company CEOs, review the Data Room and validate the model.
1 answer
0
Community Member
Accepted Answer
May 03, 2023
The chances of them investing is very low, so don't waste time. They will do extensive background reference checks on the general partners, speak with portfolio company CEOs, review the Data Room and validate the model.
Add a comment

Log In or Sign Up

Please Log In, or Sign Up to participate in the discussion.

Log In
or
Sign Up

Apply to VC Lab Cohort 18

Get full access to Decile Base and the Decile Hub venture platform for free by joining the VC Lab program.

Apply to VC Lab Cohort 18
Related Questions
What is the Best Practice Due Diligence Process Involving Reference Checks, Tech Stack Verification, and Customer Interviews? 0 May 03, 2023 Which Background Check Services Do People Use for Founder DD, and Are There VC Lab Partnerships or Discounts? 0 May 03, 2023 Who does background checks on startup founders? 1 Jun 26, 2024 Gross Multiple on Invested Capital (MOIC): What assumptions underlie the projected gross MOIC, and how sensitive is the fund's performance to variations in this multiple? 1 Mar 26, 2025 Is the PACT template in accordance with European and/or US General Solicitation laws? 1 Mar 22, 2025

Decile Group Inc. uses cookies for our website to function properly; some are optional and help deliver a personalized and enhanced experience. By clicking "Allow all", you consent to store cookies on your device in accordance with our cookie policy. You can reject all non-essential processing by choosing to accept only necessary cookies. To learn more check Cookie Policy