How did you go about compiling the information for Sustainable & Invest? What was your experience?
Andre Angkasa: Each due diligence is a little different, and when you think you have all the data from the last due diligence, you need a different form or format and update the results, targets and learnings. But with each due diligence, the process gets easier and the data gets better. In particular, the StartUpSecure funding, which started at the same time, has had a significant impact on our planning and opportunities and has put us on a new footing.
Were there any documents or charts that you had never done before, such as the price/volume parameters?
Andre Angakasa: We have already worked through most of the questions in the course of our startups, analyses, audits, and applications. Cooperation with CISPA and participation in the SpeedUpSecure program have also been helpful. Except for the price/volume parameters, we have worked with all the data and tables mentioned so far.
What advice would you give to other startups for due diligence?
Andre Angkasa: Take your time and pay close attention to make sure your story is told in all the details of due diligence. Learn as much as you can about your venture capitalist (VC) and try to anticipate the questions that will follow. Ideally, you will prepare the data so that it can be used for the next due diligence.
"Take your time and pay close attention to make sure your story is told in all the details of due diligence."