article thumbnail

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.

article thumbnail

6 Due Diligence Concerns Before Outside Contracting

Startup Professionals Musings

Outsourcing is defined as contracting the work to another company, usually located in a developing country, like India, China, or Eastern Europe. Saving cost won’t help you if you can’t make the daily innovations required to stay competitive. The same applies to manufacturing and almost any process these days.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Tips On Due Diligence On Any Startup Funding Offer

Startup Professionals Musings

But people are still begging for more technology or laws, often to protect them from themselves. No real investor or venture capital firm asks for money from the company they are intending to invest in. The SEC and local law enforcement agencies can’t help you much with foreign scams. Off-shore unsolicited investor offers.

article thumbnail

Selecting a Software Development Company in 2024

TechEmpower

Given this diversity, it's important to be selective in the development services company with whom you choose to partner. In the 25 years that TechEmpower has been in business, we’ve seen thousands of companies come and go. Are specific technologies or platforms involved in your project? Or is your project a clean slate?

article thumbnail

How Much Information Should you Give VCs for Due Diligence?

Both Sides of the Table

I have seen some entrepreneurs go into first meetings willing to share almost anything about their company. Another VC called the co-founder & tech head – Parker Harris. So I have taken to recommending to some of my portfolio companies a small addition to my statement above to say, very casually. The First Meeting.

article thumbnail

Technical Advisors: Every Web/Mobile Startup Must Have One

SoCal CTO

But what was interesting to me was that I found myself recommending that each of them should have a technical adviser. Review the code being built. This is exactly the kind of thing I'm doing as a Part-Time CTO or Technical Advisor for startups. Strategic Technical Advisor. Why do this without the right technical advisor?

article thumbnail

Startup Due Diligence Is Not a Mysterious Black Art

Startup Professionals Musings

This is the dreaded “due diligence” process. In my view, understanding due diligence can only improve information flow, and leads to a better long-term partnership with your investor. Technical due diligence typically starts with a full one or two day review with the engineering and product marketing staff.