VC Due Diligence (Online)

Develop industry-ready skills for evaluating startups

Get Your Brochure

Course Dates

STARTS ON

October 25, 2022

Course Duration

DURATION

6 weeks, online
4-6 hours per week

Course Fee

PROGRAM FEE

US$2,600 US$2,210 or get US$260 off with a referral

Course Information Flexible payment available

Application Details

program fee

US$2,600 US$2,210

Pay by
program fee

US$2,600 US$2,340

Pay by

Master Due Diligence for Investment Opportunities

Due diligence can create transparency and insights when evaluating potential investments. The process helps investors drive profitability and minimize risk, and startups can use it to improve their potential for securing funding. Despite these benefits, many do not build due diligence into their dealmaking strategy. According to PwC, 8 out of 10 companies fail the M&A process due to a lack of pre-transition due diligence.

Designed and led by expert faculty Angela Lee, Professor of Professional Practice at Columbia Business School and founder of 37 Angels, a startup investment network that has evaluated over 25,000 deals, the VC Due Diligence (Online) program provides a framework for learning the due diligence process, focusing on the core elements that help indicate whether a deal has the potential to succeed in today’s volatile market.

61%

Percentage of executives who predict an increase in M&A activity in their industry in the next 12 months

Source: KPMG

77%

PE & VC professionals who spend more than three-fourths of their time on due diligence, portfolio monitoring, deal sourcing, and valuation.

Source: Acuity’s 2022 PE&VC SURVEY

Key Takeaways

At the end of this program, you will be able to:

  • Identify the success and risk factors investors look for during diligence
  • Gauge the current and future business environment to uncover the potential challenges and liabilities of investing in a startup
  • Utilize valuation methodologies to pressure test a startup’s stated valuation
  • Interpret the fundamental characteristics of term sheets to outline the terms and conditions of a deal, thereby facilitating the diligence process
  • Conduct due diligence for a potential venture capital fund from two perspectives, as a limited partner and potential employee, to expand your influence in the field
  • Apply learnings to a number of real startup case studies

Program Modules

Module 1:

People — How to Assess

Understand the makeup of a due diligence team, the people, their roles, how they work together, and if they possess that “it factor” you are seeking.

Module 2:

Problems — What to Look For

Learn to assess the market based on factors investors use when performing diligence of a problem.

Module 3:

Progress — Metrics That Matter

Discover how startups measure their progress and the success of their customer acquisition plans.

Module 4:

Price — Terms That Matter

Dive deeper into term sheets. Which instrument should you raise on? How much has the founder raised and at what evaluation?

Module 5:

Conducting Diligence for a Fund

Learn the qualitative and quantitative measurements for evaluating a venture fund or general partner, whether you are an employee, a limited partner, or a startup.

Module 6:

Lessons in Diligence

Explore the last decade of innovations in sourcing, selecting, and supporting startups, and learn how to review your anti-portfolio.

Module 1:

People — How to Assess

Understand the makeup of a due diligence team, the people, their roles, how they work together, and if they possess that “it factor” you are seeking.

Module 4:

Price — Terms That Matter

Dive deeper into term sheets. Which instrument should you raise on? How much has the founder raised and at what evaluation?

Module 2:

Problems — What to Look For

Learn to assess the market based on factors investors use when performing diligence of a problem.

Module 5:

Conducting Diligence for a Fund

Learn the qualitative and quantitative measurements for evaluating a venture fund or general partner, whether you are an employee, a limited partner, or a startup.

Module 3:

Progress — Metrics That Matter

Discover how startups measure their progress and the success of their customer acquisition plans.

Module 6:

Lessons in Diligence

Explore the last decade of innovations in sourcing, selecting, and supporting startups, and learn how to review your anti-portfolio.

For full curriculum details, please download the brochure.

Who Should Attend?

  • Venture capital and private equity investors, including angel investors and HNIs, who are interested in investing in startups and wish to build the skills and confidence to conduct thorough evaluations, minimize risk, and maximize fund performance in a volatile market
  • Entrepreneurs who want to develop an understanding of the investor’s perspective and learn strategies to increase their potential to secure funding for early-stage startups during uncertain times
  • Mid-to senior finance professionals who wish to learn an exact due diligence framework that will help them succeed in an M&A role, particularly one that evaluates startup acquisitions
  • Consultants and financial advisors who want to excel at comprehensive due diligence in order to build investment solutions for their clients

Case Studies and Industry Examples

Gain insights into current industry trends by reviewing real world case studies and industry examples, including several Shark Tank videos.

Network Development

Being a part of the VC Due Diligence (Online) program from Columbia Business School Executive Education means engaging with other motivated professionals from a wide range of backgrounds and industries. Discussions and collaborative activities, such as a final peer review of your due diligence plan, will give you the opportunity to solidify your learnings, exchange rich ideas, and broaden your perspective, serving you well as you navigate the complexities of dealmaking and advance your career. You will leave the program with an enduring professional network you can source for ideas and opportunities.

Hands-On Activities

  • Analyze term sheets to identify an optimal investing scenario
  • Apply due diligence best practices using a real-world investment scenario
  • Calculate post-money valuations to predict investment performance
  • Calculate gross IRR and gross multiple to evaluate a venture fund
  • Keep a learning journal to document your learning experience
  • Size a potential market, and identify indicators of an attractive competitive landscape
  • Develop a diligence plan based on what matters to you as an investor

Program Experience

Decorative image relating to Live teaching sessions

Live teaching sessions

Decorative image relating to Weekly assignments

Weekly assignments

Decorative image relating to Try-it activities

Try-it activities

Decorative image relating to Learning journal

Learning journal

Decorative image relating to Peer learning

Peer Learning

Decorative image relating to Discussions and networking opportunities

Discussions and networking opportunities

Year-long access to faculty webinars

Year-long access to faculty webinars

Download Brochure

Program Faculty

Profile picture of program faculty, Angela Lee

Angela Lee

Professor of Professional Practice in Finance, Faculty Director, The Eugene Lang Entrepreneurship Center, Columbia Business School

Angela Lee is an award-winning professor and former Chief Innovation Officer at Columbia Business School, where she teaches venture capital and leadership programs. Angela started her career in Product Management and then moved to consulting at McKinsey & Company. More info

Certificate

Example image of certificate of participation that will be awarded upon completetion of the program

Certificate

Upon completion of this program, participants will receive a certificate of participation from Columbia Business School Executive Education, which also counts towards two days for a Certificate in Business Excellence.

Download Brochure

Your verified digital certificate of completion will be issued in your legal name and emailed to you, at no additional cost, upon completion of the program as per the stipulated requirements. All certificate images are for illustrative purposes only and may be subject to change at the discretion of Columbia Business School Executive Education.

Apply Now

Early registrations are encouraged. Seats fill up quickly!

Flexible payment options available. Learn more.