The selection and review process:
Does this founder have the skills and vision to succeed? We look for dedication, diversity, location, charisma, experience, vision, track record, network, competence, long-term partner, and ability to execute, among other things.
Is the idea (the problem and solution) compelling? What does the execution, quality, attention to detail, and technology look like?
Has there been measurable progress, growth, and social proof? Is the company backed by other notable investors? Did they manage to get good press?
How is this startup going to make an impact on the world?
After we determine that a startup is a good fit, we kick-off the formal due diligence process. We review each startup's pitch deck, conduct screening calls, and complete independent research to better understand the startup's business and, if necessary, tap into our networks to help us evaluate the following factors: Business model
How does the startup make or intend to make money? How much can it make?Social impact
How big is their impact and how will they fulfill their mission?Market
How large or disruptive can this business be? What advantages do they have over their competitors?Technology
How is technology used to solve the problem? Is it unique or difficult to replicate?Team
Beyond the founders, does the team have the right people in the appropriate roles—including experienced advisors?Fact checking
Is the information presented in the pitch true? We verify key facts, contracts, and investments.Terms
Is the valuation cap and other terms appropriate given the startup's current stage and traction?Runway
Does the startup have enough runway to survive without the campaign? Are the funding goals reasonable for the startup's runway?Eligibility
Does the startup meet the legal criteria for a regulated crowdfunding offering?
After completing our due diligence, we will decide whether to offer the company the opportunity to raise on VVentures.
Once the proper documentation is prepared, the startup will go live, where we will continue to monitor the campaign and help educate and protect investors.