Market value and establishing authenticity depend on uncovering an artwork’s past, which requires skilled provenance research.
due-diligence
In the mid-’80s, Wall Street turned to the quants—brainy financial engineers—to invent new ways to boost profits. Their methods for minting money worked brilliantly… until one of them devastated the global economy.
Below you’ll find a Series A diligence checklist. This runs through all the pieces of information you’ll need to have ready once you sign a term sheet. Having all of this together in one place – a Data Room – before you sign a term sheet will cut as much as a week off of your closing process. Founders don’t generally realize that closing an A can take more than a month, much of which is often spent tracking down documents for lawyers. Jason Kwon, the GC of YC Continuity put this checklist toget
The Swiss pharmaceutical giant Roche is nothing if not determined in its quest to acquire Illumina, the San Diego-based leader in genetic-sequencing equipment. In January, after Illumina’s board rebuffed Roche’s initial overtures, Roche made a $5.7 billion tender offer directly to shareholders. When that didn’t succeed, it extended the offer to midnight last Friday. Now […]