How does the Propel(x) Deal Evaluation Process work?
Propel(x). has created a shared deal evaluation process to supplement your own diligence. This allows investors to engage in Q&A directly with startup management, customers, scientific advisors, and external expert contributors.
We are the only platform that actively involves external experts to contribute evaluation insights. Any investor can also refer expert(s) from their own network – you not only become an active contributor to the evaluation process, you can also benefit from other investors’ networks. Additionally, Propel(x). has a growing roster of acclaimed industry thought leaders as expert resources for all investors.
Here is how the process works: you can find specific dates for each phase in the Evaluation Timeline or the Calendar Section of each startup profile
Phase I: Ask Questions (7 days) In this phase, investors can submit questions intended for management, customers, scientific advisors, and external experts. Investors can also refer their own experts. You can take these actions under the “Evaluation” tab or in the Deal Profile sidebar.
Phase II: Collect Responses (10-14 days): Propel(x). sends the questions collected in Phase I to relevant respondents, i.e. Management questions go to the startup CEO, Expert questions go to external experts and so on. In this phase, respondents will be busy answering your questions. You will be able to view submitted questions under the “Evaluation” tab, but cannot add more questions.
Phase III: View Results (until the deal closes): This is the phase where you can review the comprehensive results (Q&A, market size estimates, competitors named) from the evaluation process. Results can be viewed under the “Results” tab.
We are the only platform that actively involves external experts to contribute evaluation insights. Any investor can also refer expert(s) from their own network – you not only become an active contributor to the evaluation process, you can also benefit from other investors’ networks. Additionally, Propel(x). has a growing roster of acclaimed industry thought leaders as expert resources for all investors.
Here is how the process works: you can find specific dates for each phase in the Evaluation Timeline or the Calendar Section of each startup profile
Phase I: Ask Questions (7 days) In this phase, investors can submit questions intended for management, customers, scientific advisors, and external experts. Investors can also refer their own experts. You can take these actions under the “Evaluation” tab or in the Deal Profile sidebar.
Phase II: Collect Responses (10-14 days): Propel(x). sends the questions collected in Phase I to relevant respondents, i.e. Management questions go to the startup CEO, Expert questions go to external experts and so on. In this phase, respondents will be busy answering your questions. You will be able to view submitted questions under the “Evaluation” tab, but cannot add more questions.
Phase III: View Results (until the deal closes): This is the phase where you can review the comprehensive results (Q&A, market size estimates, competitors named) from the evaluation process. Results can be viewed under the “Results” tab.
Updated on: 12/24/2020
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