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VocabName | VocabAnswer | VocabLink1 | VocabLink2 | VocabExample1 | VocabExample2 |
---|---|---|---|---|---|
due diligence | VC or investor check. Include standard items 1. Did you quit your job; 2. Did your cofounder quit his job; 3. is your sales validated. | investment | |||
Due diligence | A thorough validation of everything you said. | investment | If you say "I have quit my job', show them the severance pay check or letter accepting your quit, and then they will still call your old employer. | If you say "so and so in a big company is very interested because mine is better than the competition" they will ask the phone numbers of both so and so AND the competition. |
Startup Lingo Tight Display
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