How are VCs handling diligence in a world where deals open and close in days, not months? – TechCrunch
How are VCs handling diligence in a world where deals open and close in days, not months? The global venture capital market had a cracking start to the year. Coming off a 2020 high, VC totals in the United States, in Europe, and among competitive verticals like insurtechand AI are on pace to set new records in 2021. The rapid-fire deal-making and trend of larger venture checks at higher valuations that The Exchange has tracked for some time require private-market investors to make decisions faster than ever. For venture capitalists, the timeline for reaching conviction around a startup’s t...
Source: techcrunch.com