What does investment funding collaboration look like?
Investment over the lifetime of a successful startup usually comes from many places. These might include Seed Funds, awards from competitions, or multiple angel investor groups. For example, a collaboration between Angel investors can speed up the investment process because the entrepreneur can make the same pitch to several groups in a short timeframe. In addition, different Angel groups might have a four or five page due diligence checklist, but instead of each group doing their own due diligence, the work can be split up into logical groupings so that each investor group completes a separate portion of the due diligence to build a shared due diligence report.