When talking to VC, an entrepreneur should be prepared to answer some basic questions about his/ her company. According to Bo Peabody, of Greycroft Partners, this is the standard due diligence data request that they use in all dealings with new opportunities. Bo also welcomes entrepreneurs to use the Entrepreneur due diligence checklist when talking to VCs. After all, it is a two-way interaction and it is just as important to know who you are going to do business with.
