I completed some IT due diligence inspection of a company for a VC.

Decided to write this post to remind myself about what it important in the process.

  • choose a code name for the project
  • sign the NDA and ensure that you have professional indemnity insurance
  • obtain all technical documentation in electronic form asap
  • obtain company org chart and a basic investor presentation
  • test the existing product
  • https://siteexplorer.search.yahoo.com/ is great for performing a CSI on company history
  • check for IP ownership, SLAs and who is permanent/contract - employment contracts to check IP ownership.
  • preferably obtain all documents in an email (that way you have a record of what was sent to you)
  • setup interviews with technical staff, write up summaries immediatly after the meeting - use my standard questionare
  • write report and follow up with the client