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Technical Review: A Trusted Look Under the Hood

TechEmpower

Most innovators don’t have a technical background, so it’s hard to evaluate the truth of the situation. And unless they have a tech background, they can’t look under the hood themselves. The answer is to engage a trusted outside source for a Technical Review – a deep-dive assessment that provides a C-suite perspective.

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Technical Advisors: Every Startup Needs One

TechEmpower

Why do this without the right technical advisor? Just like attorneys, technical advisors can help navigate waters that many find murky. Actually, many startups need two kinds of technical advisors. Would you create contracts without an attorney? And Maybe You Need Two!

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6 Due Diligence Goals When Vetting Business Partners

Startup Professionals Musings

You need to do the due diligence to make that decision before you sign away your equity. As a former startup investor, I was often involved with due diligence on founders, and I felt that founders should do the same on co-founders, as well as investors. The same benefits also apply to a joint venture.

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6 Due Diligence Concerns Before Outside Contracting

Startup Professionals Musings

Saving cost won’t help you if you can’t make the daily innovations required to stay competitive. Leading edge technology software and manufacturing require constant course corrections and iterative restarts. Internal services, like marketing and accounting, are more manageable and have less customer visibility.

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7 Due Diligence Checks On Your Idea To Save Some Pain

Startup Professionals Musings

That doesn’t mean that entrepreneurs should ignore business and market realities, under the assumption that success is a random phenomenon. Find a recognized billion dollar and growing market. Thus I’m suggesting that you do your due diligence carefully, and pick the right idea before you start.

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7 Ways Due Diligence Helps Before Final Commitment

Startup Professionals Musings

What they don’t realize is that about half the investment deals fail to close at this stage, including mergers and acquisitions , during the due-diligence process. Remember that investors at this stage have heard primarily from the founder, and only reviewed written business plans and collateral. Customer and market interaction.

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53 Questions Developers Should Ask Innovators

TechEmpower

At TechEmpower, we frequently talk to startup founders, CEOs, product leaders, and other innovators about their next big tech initiative. After all, that’s what tech innovation is all about. Who’s helping you with fundraising? How will you be taking this to market? But there are some common elements too.

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