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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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6 most underhyped technologies in IT — plus one that’s not dead yet

CIO

Generative AI and, more specifically, ChatGPT captivated the corporate world in 2023, with board directors, CEOs, and other executives fawning (and sometimes fearing) the technology. Their enthusiasm is justified, with multiple studies finding that AI is delivering strong value and returns on investment. We think so.

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Exposure to new workplace technologies linked to lower quality of life

CIO

Exposure to new technologies such as trackers, robots, and AI software in the workplace work is linked with lower quality of life for workers, a UK study has found. Fewer than 25% of those surveyed frequently used these emerging technologies, with 20.2% AI software, and 23.7% using wearables, 20.8%

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Cyber security audits top due diligence checklists

Synopsys

In a study by (ISC)2, all executives and M&A professionals surveyed agreed that cyber security audits have become standard practice in tech due diligence. The post Cyber security audits top due diligence checklists appeared first on Software Integrity Blog.

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TechCrunch+ roundup: 2022 stock options report, pivot to SaaS, crypto investor survey

TechCrunch

We spend a lot of time praising tech investors and entrepreneurs for their risk appetite. Considering how central equity is to attracting tech talent, “underwater stock options have the potential to negatively impact hiring and retention across the startup ecosystem,” he writes.

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TechCrunch+ roundup: Cash management basics, proptech investor survey, visa interview prep

TechCrunch

Use discount code TCPLUSROUNDUP to save 20% off a one- or two-year subscription. Especially in the early days, non-technical founders are vulnerable when it comes to hiring technical employees. Proptech in Review: 3 investors explain why they’re bullish on tech that makes buildings greener.

Survey 207
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3 key digital transformation priorities for 2024

CIO

This year’s technology darling and other machine learning investments have already impacted digital transformation strategies in 2023 , and boards will expect CIOs to update their AI transformation strategies frequently. Meanwhile, CIOs must still reduce technical debt, modernize applications, and get cloud costs under control.