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Is it ok to share a Due Diligence with an other VC ?

Simple question for the VC’s out there…

I just got a job to represent a VC and be his “eyes and ears” among Tech Startups. I just found a company that could be interesting to another VC so I connected both with each other. Is it a good business practice to propose a joint Due Diligence together, or should every VC do their own interview?

Answer 11181

Doing your own due diligence is important. What is of interest to you in the target company’s files/accounting is likely going to be different than what the other person is looking at and considering, so relying on their data could be a problem.


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