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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.

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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. 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.

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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?

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5 pitfalls to avoid when partnering with startups

CIO

According to Sushant Rabra, partner for management consulting at KPMG, “A good multistage diligence process involving the startup’s founders, customers, platform, among others, is a must while shortlisting a startup. In the absence of a multistage due diligence process, an enterprise could face third-party risks.

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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.

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4 perils of being an IT pioneer

CIO

Proponents of early technology adoption further argue that it enables companies to build informal relationships with leading technology providers, develop deeper understanding of the latest technologies, and lure better talent. But there are also certain inherent risks associated with this. More so a solution based on a new technology.

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Sharing Responsibility for Data Security in the Cloud

CIO

Therefore, it’s up to CIOs to do due diligence about what sort of security controls are in place and to ensure data is well protected in an [as-a-service] operating model. Specifically, the study attributed an average $4 million loss to business disruption, with another $5.9 Include the enterprise risk management team.