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Startup founder lacks guidance on investor due diligence

πŸ’Έ moneysocial problemSingle report ●●●●● severity 3/5

A SaaS startup co-founder is unsure what documentation and information to prepare for an investor's due diligence request, as they lack experience in the formal requirements of the process.

Who's affected: A co-founder of a SaaS startup

⚠️ Single report. This is one person's account. We mark it so until more voices confirm it.

What people do today

πŸ”§ Fix this

Ideas a builder, maker or community group could start on:

  1. A standardized due diligence checklist template specifically tailored for early-stage SaaS startups.
  2. A virtual data room service that provides pre-filled folder structures for common investor requests.
  3. A peer-to-peer mentorship platform connecting first-time founders with experienced founders who have successfully raised capital.
I want to build this

Real voices

β€œI am hoping someone here can shed some light on this topic and what all he may expect us to provide him.”

Source: Stack Exchange (money) Β· CC BY-SA 4.0, user-contributed content from Stack Exchange; summarized and modified

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