Confluence.VC Wisdom #1
Conducting due diligence, best ways to securely share videos, compensation data resources, and software picks for portfolio management
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⚡️ Top threads
1. Conducting due diligence on a startup
Hi all, curious how you all conduct due diligence on a startup? Is it all over email? Do you use a standard template? Do you have founders fill out a form?
Posted by: Amr Alshihabi
We have a standardized process, founders filling out forms and we are digitizing the whole process. (Kevin Monserrt)
Have you found a good tool to record dialog with the company? E.g., i ask a question, they answer, i have a followup, etc. Ideally with time & date stamp on each (David Teten)
@David Teten (Versatile VC) - we've not done that bit yet. Most of our focus has been on post investment acceleration support. Essentially, we believe that portolio support can make a big difference so we built a network o 200 operating partners WW covering everything pre-series A startups need. Happy to walk you through a demo. (Kevin Monserrt)
Have you looked at this @David Teten (Versatile VC)https://otter.ai/login?utm_content=brand&utm_source=google_ads&utm_medium=search&[…]x5iSgpeZZ8RBVOHMmZ4DtypdEMxuCVia6qKVExNrhnh0k-prp6kaAkaoEALw_wcB? (Kevin Monserrt)
most of my DD is via writing, not phone calls. although i agree that could help for phone calls. (David Teten)
2. Securely sharing video content
Any ideas on the best way to securely share a video recording?
Posted by: Amr Alshihabi
You should check out Loom. We've started using it for everything (Clay Norris)
seems like they have a 4mb limit (Amr Alshihabi)
Paid plans are worth the $10/month price tag (Clay Norris)
https://www.getdebrief.com/ (Jonathan Abrams)
Vimeo is one of the best options. Most of the individual creators use Vimeo for sharing high-quality videos such as photographers, videographers etc. https://vimeo.com/upload (Ashish Aggarwal)
3. Shareable resources for compensation
Anyone have shareable data sources on compensation ranges for senior roles (CXO, VP of ___ ) broken out by stage?
Posted by: Spencer Calvert
Might not be exactly what you’re looking for, but this is pretty good data:
https://angel.co/salariesAlso if you’re looking for VC salary data, check out the survey we ran last November:
https://airtable.com/shrByET3TTeivARRH (Clay Norris)
4. Good resources for financial models and pitch decks
Hey everyone, I'm currently assisting with a Techstar's cohort. I was wondering if anyone had any good resources for financial models and pitch decks?
Posted by: De'Havia Stewart
forecastr.co is a Techstars alum that has taught several workshops on financial modeling. Their CEO has a wealth of templates and tools to share also. steven@forecastr.co if you want to reach out (Miki Reynolds)
Teten.com/pitch ; and https://teten.com/speaker/finance/ (David Teten)
https://www.notion.so/confluencevc/Modeling-Templates-Resources-9712f767867349d9b44bdc2100809631 (Clay Norris)
5. Portfolio management software options
Can anyone recommend VC portfolio management software/platforms to get portfolio insights/easy monitoring? I've seen vestberry so far and wonder what the standard is.
Posted by: Jak Lewis
Shameless plug, but Visible is the best in the market (Clay Norris)
Quaestor is good (Jack Abramowitz)
+1 for visible (Halle Kaplan-Allen)
@Jack Abramowitz do they have an investor relations portal? (Aditi Rajagopal)
Yes they do as far as I understand (Jack Abramowitz)
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