June 8, 2007

Due diligence according to expert angel investor, Steve Mercil

Steve Mercil from Angel Capital Association and Rain Source Capital talked to our AngelReady members yesterday about due diligence. Steve informed the entrepreneurs about the realities of due diligence. He explained a few reasons investors go through the due diligence process.

1. Review and critical evaluation of business plan
2. Verification and validation of management team
3. Gaining comfort that the Business can meet the return on investment criteria of the investor.

AngelReady members login to your account to learn how you can prepare your company now for the due diligence process.