article thumbnail

TechCrunch+ roundup: Technical due diligence, web3’s promise, how to hire well

TechCrunch

“It’s still much easier to develop a Web 2.0 app simply because the ecosystem is mature and enjoys a large and thriving developer community,” says Devin Abbott, who specializes in design and development tools, React and web3 applications. 8 questions to answer before your startup faces technical due diligence.

article thumbnail

Doing Diligence Well In Venture Investing: Going Back To The Future

Crunchbase News

By Nicolas Sauvage Due diligence has made a comeback. According to a study of 700 venture capital firms , a typical deal once took 83 days to complete. On an average deal, VCs would spend 118 hours on due diligence and call 10 references. The assumption was often that someone else had already done the diligence.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

7 investors reveal what’s hot in fintech in Q1 2023

TechCrunch

However, it appears that even though VCs are proceeding more cautiously than before and taking their time with due diligence, they are still investing. If you study previous compression periods in the ecosystem (e.g., Would you say you are conducting more due diligence? What do you feel might be overhyped?

Fintech 275
article thumbnail

4 perils of being an IT pioneer

CIO

The speed at which enterprises adopt emerging technology is widely acknowledged as a key driver of success. As a result, organizations often rush to adopt new technology believing it will make them operationally more efficient and enhance their competitiveness. We decided to leverage API, which was then an emerging technology.

article thumbnail

5 pitfalls to avoid when partnering with startups

CIO

Enterprise technology leaders are actively partnering with startups to help make their organizations more innovative and agile. Co-creating with startups can help kickstart innovation , provide CIOs with access to hard-to-find skills in emerging technologies, and round out digital transformational strategies.

article thumbnail

How PwC and SAP are doing right by helping clients unlock ESG value

CIO

Creating value with Environmental Social and Governance A McKinsey study reveals 5 ways that ESG creates value. When presented by the new Supply Chain Due Diligence Act ( SCDDA) in Germany, PwC realized their clients would need tools and processes to automate evaluation of suppliers.

article thumbnail

The cyber security challenges in fintech and neobanking’s rise

CIO

Senior tech execs gathered recently for a roundtable discussion on the growth of fintechs and neobanks in this country, the opportunities it presents, and the critical trends businesses must be aware of in 2022 when it comes to charting a course for progressing in this sector in a strong but safe way. “The

Fintech 246