An important part of obtaining venture capital funding is going through ________, which refers to the process of investigating the merits of a potential venture and verifying the key claims made by the business plan.

Question

Quizplus · Accepted Answer

Due diligence is the process of investigating and verifying the claims made by a business plan. This is an important step for venture capitalists to take before they invest in a business to ensure that the potential venture is profitable and worth their investment. The other options are not commonly used terms in this context.

An Important Part of Obtaining Venture Capital Funding Is Going