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

Crunchbase News

By Nicolas Sauvage Due diligence has made a comeback. 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. With that, high-quality diligence has returned, and it is both art and a science.

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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO

The 1990s: Founding myth 1990: Mike Lynch, an academic in Cambridge, England, borrows—or so the legend goes—£2,000 to start Cambridge Neurodynamics, going on to develop the software that would later give rise to Autonomy. Lynch’s lawyers will later claim that HP executives spent just six hours in conference calls with his team.

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Sequoia Capital India pledges to take proactive steps amid fraud allegations at some startups

TechCrunch

Both the developments were first reported by Bloomberg News.). Live commerce startup Trell recently investigated claims that its founders siphoned off money and lied about its usage and growth metrics. When whistleblowers call us to report on issues, we always take them seriously. Grover has refuted the findings.).

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Unmuted founder Max van den Ingh on success beyond the metrics

TechCrunch

Relying on proven tactics and measurable metrics isn’t enough — today, the most effective marketers constantly study and learn from innovative approaches while exploring new avenues. Depending on the customer’s team size and resources, we either guide them during execution or execute autonomously and report back.

Metrics 251
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6 investors discuss why AI is more than just a buzzword in biotech

TechCrunch

“Most of the companies we have seen have an AI component to support the discovery or development processes,” Francisco Dopazo, a general partner at Humboldt Fund told TechCrunch recently. Y Combinator has been a net positive force in driving innovative experimentation at the early stages of company development.

Biotech 242
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HR platform WorkTorch raises $2.2M seed round

TechCrunch

We started leaning into what was happening to people post-hire and have started to focus on career development and talent retention tools,” Gladney continued. “So Investors were drawn to WorkTorch due to shifting U.S. TechCrunch previously reported that VCs remain bullish on HR platforms despite “The Great Resignation.”

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Edda wants to be the Bloomberg Terminal for private markets

TechCrunch

But those more aligned with the private sphere, such as venture capitalists and private equity investors, perhaps aren’t quite as well-served when it comes to funnelling into the data they need to carry out their due diligence ahead of making a big investment, or tracking and managing their portfolio through to an exit.