* Do not 'shop' around. VC's are incredibly networked and now everything about each other.
* Do careful due diligence on the VC (as careful as they will do on you)
** Ask for and call references
* VC's do not usually want to sign NDA's because:
**  VC's identify areas of interest themselves and hunt out the best people for the job.
** They will not sign any NDA containing clauses that block them to 'invest' in a certain market space
* VC's do not usually accept business plans through mail (because the quality is too low)
* VC's bring in their own people to create the business plans. 
* If the [[Memorandum of terms]] has clauses for a penalty for a downside scenario, ''make sure you also include a clause for the upside''!
* Be aware of tests on leadership:
<html>
<img src="/static/files/MBI/Module%2010/boardofdirectorclause.PNG" width=500"
</html>


Part of: [[M10-S3 - Case - E-docs inc]]
bag
mbi_public
created
Fri, 05 Nov 2010 11:20:20 GMT
creator
dirkjan
modified
Fri, 05 Nov 2010 11:20:20 GMT
modifier
dirkjan
tags
M10
creator
dirkjan