Diligence Calls
topic on 1 show · 2 statements across 2 episodes
2 statements about Diligence Calls, every show
Schneider: Real diligence truths are uncovered on second or third follow-up questions
“I think it's that art of the question, and not being satisfied with just the first answer, but digging deeper, because the truth is usually the second or third question you ask will get you closer to the truth.”
VCs must avoid letting expert references kill great disruptive ideas
“Beware of the expert reference. I got this advice early on, also from Scott Sandel at NEA, which is we're often, in our diligence, prone to go call around and make sure we're shoring up our assumptions, and those can be some of the most helpful diligence calls…”