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Venture Capital: A Guide for Investors and Entrepreneurs

... a detailed check of the startup. The investor (and/or invited experts) studies all aspects of the business: financial indicators (accounting, debts, expense structure), legal documents (legal status of the company, charter, availability of necessary licenses, intellectual property), market and competitors, technical condition of the product, team. The goal is to make sure that the declared information is true and to identify possible risks. In practice, due diligence can last from several weeks to ...