7. How long is the typical due diligence process?

Assuming the company has everything in order – in electronic format – it takes around 30-45 days. If this is your first time going through a due diligence process, do a search on “VC investment due diligence checklist”.  The sooner you start organizing due diligence materials, the better. You will eventually need all of these materials in the future, especially as you get ready for an exit event.