Uploaded March 2021 | Updated September 2026, 2 weeks ago
How to Close the Deal
It can take a few weeks or even months to go from an investor’s verbal confirmation to officially signing on the dotted line. This process is referred to as “due diligence.” Due diligence involves many follow-up questions, working out the finer details of the agreement, and exchanging company and legal paperwork.
From the start, it’s helpful to ask clarifying questions about what to expect during due diligence because every investor or fund will have their own process. You should inquire about the general process, key decision-makers, and expected timeline.
Learn more in our start up funding guide to help you think like an impact investor to raise Money:
acumenacademy.org/guide/startup-funding-think-like-impact-investor
About Acumen Academy
Acumen Academy is the world's school for social change. Our mission is to provide anyone, anywhere the skills and community to drive social change. Watch interviews with experts in the social impact space, learn the best practices of successful entrepreneurs, and access extra learning opportunities to support you on your journey.
Like what you see? Want to learn more?
Check out our curriculum of free and low-cost courses at acumenacademy.org
Facebook: facebook.com/AcumenAcademy/
LinkedIn: https://www.linkedin.com/company/acum...
Twitter: twitter.com/acumenacademy
Instagram: instagram.com/acumenacademy
How to Close the Deal
It can take a few weeks or even months to go from an investor’s verbal confirmation to officially signing on the dotted line. This process is referred to as “due diligence.” Due diligence involves many follow-up questions, working out the finer details of the agreement, and exchanging company and legal paperwork.
From the start, it’s helpful to ask clarifying questions about what to expect during due diligence because every investor or fund will have their own process. You should inquire about the general process, key decision-makers, and expected timeline.
Learn more in our start up funding guide to help you think like an impact investor to raise Money:
acumenacademy.org/guide/startup-funding-think-like-impact-investor
About Acumen Academy
Acumen Academy is the world's school for social change. Our mission is to provide anyone, anywhere the skills and community to drive social change. Watch interviews with experts in the social impact space, learn the best practices of successful entrepreneurs, and access extra learning opportunities to support you on your journey.
Like what you see? Want to learn more?
Check out our curriculum of free and low-cost courses at acumenacademy.org
Facebook: facebook.com/AcumenAcademy/
LinkedIn: https://www.linkedin.com/company/acum...
Twitter: twitter.com/acumenacademy
Instagram: instagram.com/acumenacademy
