Due diligence YOU should be doing with a potential investor

/in ,

First-time entrepreneurs are so enamored w/ the idea of getting outside investment that they overlook all the non-money issues that need to be considered to make the partnership a successful one.

Scott Maxwell wrote up a nice post here in “Choosing a VC- You need to squeeze the avocado!” that’s a good read, filled with common sense stuff that one typically forgets about in the rush to get a check.

(BTW, you might notice our designs are identical. I liked his page and found the designer that did it, then (legally) downloaded her “design theme” and installed it on my blog. Thanks Scott!)

Got the magic call? Follow this advice

/in

During the heydays in Titan Key, we were getting quite a few calls from people that were “interested” in acquiring us. I even flew out to the West Coast once for a company that was pretty confident they would be buying us for $5M.

I wish I had Ed Sim’s post, “Beware of fishing expeditions” about some prudent, cautious things you should do if/when you get “the magic phone call”.