For the Pre-seed funding in place review, a board and investment decision on the early money that pays for the proof of concept. It checks governance and records only; it is not investment advice. The founders hold it with counsel.
MustThe evidence pack reached every participant early enough to be read before the review.
MustThe people with decision rights for this gate, the founders and, once it exists, the board, are present or have named a delegate in writing.
MustConditions set at the previous gate are closed, or their status is reported with evidence.
ShouldThe criteria for this gate were agreed before the evidence was prepared, not after.
MustCompany formed has been passed, with no open condition that blocks taking investment.
33 more items for registered members.
The full lifecycle detail, with its charts, flows, tables and every section, is for registered members. Registration is free and takes a minute. You come back to this page afterwards.