Founders get reference-checked to death. Before a term sheet ever shows up, a serious investor has already called your old boss, your former co-founder, two of your customers, and the angel who passed on your last round. That is normal, that is due diligence.
read more at https://medium.com/mentionfox/run-due-diligence-on-the-vc-before-you-take-the-check-ee509a62ad01
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