Due Diligence Is A Two-Way Street

Investors regularly confuse entrepreneurs with their various approaches to validating deals prior to investment (a process called "due diligence"). A few seed stage investors (angels, super angels or seed stage VCs) have coffee with an entrepreneur and quickly learn enough to write checks. Other investors or groups of investors study deals for months before investing. Why do some investors take longer than others to make an investment decision? From whom should entrepreneurs solicit funding?

By Bill Payne http://www.billpayne.com

Full Story: http://gust.com/angel-investing/startup-blogs/2013/03/21/due-diligence-is-a-two-way-street/