An article we liked from Thought Leader Michael Kimball, Esq.:
Before You Launch: 5 Steps to Technical Due Diligence
You are about to raise a venture capital round. You’ve assessed its market potential. Now it’s time to be ready for VCs to conduct a deep dive into its technical infrastructure. Here is a starting list of five questions.
1. Is the product built using inhouse or outsourced employees?
Any product begins as a concept, with employees bringing that concept to life. Ask these questions about the development team:
How are the developers approaching code quality?
Are technical specifications in place?
What agreements exist regarding ownership of the IP and outsourcing?
2. How agile is the product? (speed versus reliability)
Tech products work to strike a balance between speed and reliability. Investigate these issues more thoroughly to determine where a particular product falls on that spectrum:
Are the developers using version control?
Does version control, if used, allow for rapid deployment of product changes?
Are the developers using...
Read the rest of this article at kimballesq.com...
Thanks for this article excerpt and its graphics to Michael Kimball, Esq.
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