News
RESEARCH AND STUDIES
Correlation Between Time Spent on Due Diligence and Returns
Spending time on due diligence is significantly related to better outcomes. Simply splitting the sample between investors who spent less than the median twenty hours of due diligence and investors who spent more shows an overall multiple difference of 5.9X for those with high due diligence compared to only 1.1X for those with low due diligence.
Sixty-five percent of the exits with below-median due diligence reported less than 1X returns, compared to 45 percent for the above-median group. The differences become more stark when comparing the top and bottom quartiles of time dedicated to due diligence. The exits where investors spent more than 40 hours doing due diligence (the top quartile) experienced a 7.1X multiple.
Studies
"The Bottom Line Corporate Performance and Women's Representation on Boards (2004-2008)"
http://www.catalyst.org/knowledge/bottom-line-corporate-performance-and-womens-representation-boards-20042008
ON LINE NEWS
Our friends from Shanghai toured Silicon Valley bringing their business TV network to film. Here's feature on their visit broadcasted in Shanghai, Singapore and Hong Kong. See interview in Mandarin: http://mp.weixin.qq.com/s/Ehc2XQpke_XJlT6OlKM6vQ
St. Mary's College, Moraga, CA - Entrepreneurship & Social Responsibility - Shirley Gee, Alumni of St. Mary's College recent interview.
http://www.stmarys-ca.edu/seba-alumna-brings-humanitarian-perspective-to-investing
MedCity News
Angel Plus, LLC was recently interviewed by writer Deanna Pogorelc if MedCity News. MedCity News focuses on the life science sector and Ms. Pogorelc did a piece on the changing angel funding environment. Part 1 and Part 2. (See Part 2 for Angel Plus' comments).