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Archive for December, 2008

Downturn Raises Priority of Technical Due Diligence

Thursday, December 11th, 2008

“This Wall Street meltdown is having effects on early-stage green-tech companies getting the money they need to grow. There was a huge due diligence process, with outside scientists, as we looked for money, which they probably wouldn’t have done before.”

That quote from Jonathan Gorman, Manager of Business Development at Qteros, an alternative energy start-up (originally quoted on CNET.com).

We’ve started to come across this a lot in past few months; investors are giving more priority to technical due diligence in the current climate.

(more…)

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