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7 Due Diligence Checks On Your Idea To Save Some Pain

Startup Professionals Musings

In my experience, consummate entrepreneurs tend come up with more startup ideas than they can ever implement, and some of the ideas may not even make business sense. But how does any entrepreneur know which ideas to implement, and which ones are best left behind? Separate nice-to-have ideas from ones solving painful problems.

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How Smart Startups Survive Investor Due Diligence

Startup Professionals Musings

This is the mysterious and dreaded due diligence process, which can kill the whole deal. Some entrepreneurs do very little to prepare for due diligence, assuming all the talking has already been done, and the business plan and results to-date tell the right story. My best advice is to stick to the middle ground.

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Interview with Mike Napoli, Tech Coast Angels

socalTECH

Investors are very focused on diligence, on business models that make sense, and those companies that have a definite competitive advantage and defensibility to what they're doing. The ideas and people seeking money are out there in quantity. Mike Napoli: We've revised the way we review companies at the prescreening stage.

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The Audacious Plan to Make Electricity as Easy as WiFi

Both Sides of the Table

The practical uses for uBeam technology is limitless. Did anybody hold patents that would prevent us from using this technology? I seldom hire patent attorneys during due diligence but this was too important. We hired IP specialists to review prior art. Did the physics actually work? Was it safe? It was impressive.

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Startup 360-Performance Review Result – Improved Time Management - Finding Founder Time

InfoChachkie

Part I of this series describes the 360-review that I conducted at a growing, dynamic SaaS business which has recently graduated from the startup stage and entered the early-growth phase. One of the most compelling conclusions I drew from the reviews is that both Founders need delegate more of their day-to-day tasks.

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What Would Happen if you Built the Reverse of Amazon? It Might Look Something Like This …

Both Sides of the Table

Today’s $24 billion storage market in the US has these same key disadvantages and that was the genesis of Sam Rosen’s initial idea for MakeSpace , which I initially funded 15 months ago. He had an idea to make it better. We then riffed on the idea of, “That’s interesting. Full on burger flipping mode.

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Don’t Pitch Your Idea To Venture Capitalists, They Don’t Care

InfoChachkie

Ideas are infinite, and in the absence of competent execution, they are worth nothing. Thus, if both ideas and money are abundant, what is the scarce constraint in the fundraising equation? Skilled entrepreneurs bring ideas and money together by building a bridge of trust. The same precept holds true today.

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