Chapter
The Rise of “Just Add Water” Due Diligence in Startup Investing
31:30 - 36:56 (05:25)
The use of a document called a “due diligence package” is becoming more common in startup investing. This document provides investors with basic information about a company, similar to a cake mix recipe that just requires water to be added.
Clips
The podcast discusses the company Micro Acquire, a newsletter service that connects buyers and sellers in the startup space.
31:30 - 33:10 (01:40)
Summary
The podcast discusses the company Micro Acquire, a newsletter service that connects buyers and sellers in the startup space. The hosts debate whether or not celebrity endorsements have an actual impact on startups.
ChapterThe Rise of “Just Add Water” Due Diligence in Startup Investing
Episode#203 - Why Dunder Mifflin Should Be a Real Paper Company & An Inside Look Into MicroAcquire With Andrew Gazdecki
PodcastMy First Million
An entrepreneur named Daniel was able to purchase his first business with the help of Twitter users who raised around $85,000 to $100,000 for him.
33:12 - 36:56 (03:44)
Summary
An entrepreneur named Daniel was able to purchase his first business with the help of Twitter users who raised around $85,000 to $100,000 for him. The process of buying a business involves a document that outlines key details like revenue, customer support, investment banking, and other crucial information.