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20VC: The Memo: The State of the VC Market: Why Seed Funds Can't Invest in "Hot Startups" Anymore, Why Series A & B is Terrible, Why the IPO Market Will Explode in 2024 & Why VC DD is BS & Every VC Has More Fraud in their Portfolio with Jason Lemkin
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
How to Avoid VC Diligence Calls Like This
The speaker recounts their experience with VC due diligence and how they try to avoid it./nThe speaker's first company received a $20 million check from a VC fund despite concerns raised during diligence./nVC due diligence calls are often confirmatory and focus on validating the decision to invest./nThe speaker has noticed that every VC has a fraud in their portfolio./nVCs tend to perform less thorough due diligence when deals are highly competitive with compressed timelines./nThe speaker questions if the prevalence of fraudulent companies will increase in the future.
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