Previous Post
Next Post
0

Asked by

Community Member

on

in

Fundraising

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

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?
1 See in Base
0

Answered by

Community Member

on

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.

Join the Leaders of Venture 2.0

Our graduates are creating disruptive capital with exceptional expertise, ethical investing practices, and exceptional returns. Whether you're launching your first fund or scaling an established firm, VC Lab provides the tools, network, and support needed to succeed in today's venture landscape.

Apply Now
How do I start raising my first venture fund? What are the key considerations for becoming a Limited Partner?
How can I improve my emerging manager firm's deal flow? What strategies help attract institutional LPs?
How do I build a compelling investment thesis? What are best practices for portfolio management?
How can I differentiate my VC firm in a crowded market? What are the typical fund terms for emerging managers?