There is a due diligence process they will go through, usually using a data room like Dropbox or a more secure version with better features like OneHub. In this data room you’ll set up folders and files for the following:
- Organizational Matters
- Articles of Incorporation
- Bylaws
- Minutes
- Founder Matters
- Stock Purchase Agreements
- Vesting Schedules
- IP Assignment Agreement
- Financial Statements
- Balance Sheet
- Income Statement
- Security Issuances
- Prior Fundings docs
- Employee /Service Provider Agreements
- List of all persons providing services
- Current and past employees
- IP
- Patents, Trademarks, Copyrights
- Domain Names
- Material Agreements
- Standard Form Agreements
- Insurance
- Indebtedness
- Leases
- Real Estate
- Disputes/Litigation
- Any correspondence or documents threatening action
- Regulatory Matters
- Inquiries or applications
- Taxes
- CPA Firm
- Tax Returns