1. What is the primary purpose of due diligence in the investment process?

2. Which of the following is NOT a focus of the second-round due diligence?

3. What can cause a venture fund to decide against closing a deal?

4. Why should attorneys be utilized for startup equity investments?

5. Which party or parties are recommended to hire an attorney during startup equity investments?

6. What is one key difference between angel investors and venture capitalists in terms of due diligence?

7. What aspect of due diligence is likely to be handled by attorneys?

8. What are the potential consequences of avoiding due diligence?

9.  

When is the first round of due diligence typically conducted?

10. How does a venture fund typically begin the second round of due diligence?

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