DUE DILIGENCE
DATA // BUSINESS STRUCTURE // DOCUMENTATION
Are you pitch ready? Ready to enter into virtual, physical and metaverse rooms to present your pitch? Then you will need a variety of data, documentation and business structure or regulation in order to pass due diligence with an investor, fund or syndicate.
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- Your Data Room is where you tell your startup's story via datA -
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The better you are at getting ready before an investor decides to invest, the faster the decision process will flow if you have all pieces lined up to present.
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Organizing your Data Room is simple.
- You may have it stored as an extension or private page on your platform or website, or use popular free tools like Google Drive or Dropbox.
- Encrypt or apply read-only rights to the documents to ensure that they aren't duplicated or downloadable.
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In the same way we advise having different versions of a pitch deck and pitch process for investors versus partnerships, we advise you to have two different data rooms:
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1/ one for investors who are potentially ready to invest in your round
[this file/page includes all your sensitive financial models, IP/proprietary agreements, trademark/copyright documents]
2/ another for investors who are still on the fence about investing and simply contains your pitch deck, business structure and financial models - nothing proprietary
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Compile your documents depending on the geographical jurisdiction that you are based in and operating from, as well as round raising. For example, the SAFE as a fundraising instrument is standard, but may be recognized in different forms in your home country.
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COMPANY STRUCTURE/REGISTRATION
Articles of Incorporation
Board of Directors' documentation
Board meeting minutes, actions
Bylaws
Voting agreements
FAST Agreements [for advisors]
Cap Table
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CONTRACTS
Partnership contracts/agreements
Customer contracts/agreements
Investor contracts/agreements
Shareholders agreements
Supplier contracts/agreements
Contractor contracts/agreements
Consultant contracts/agreements
Employee contracts/agreements
Employee list - titles and compensation
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OPERATIONS/PITCH PROCESS
Pitch Deck
Whitepapers
Competitive Analysis
Marketing Materials/Campaigns
Go-To-Market [G2M] Strategy
Office/Factory/Storage Leases
Investor Updates
Legal Documentation [disputes, paperwork, if any]
Profit & Loss Statements
Vesting Schedule
Tax Returns
Monthly Proforma/Financial Statements
Annual Proforma/Financial Statements
Line of Credit/Loan Agreements
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INTELLECTUAL PROPERTY
Trademarks
Proprietary Software Licenses
Pending patents
Filed patents
Open Source Software
IP Strategy
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TECH
API Documentation
Tech Stack
System Architecture
Technology Investments [Server integration, additional software, etc]