Working both sides of the Half Off Depot deal was a lot of fun. Part of that included participating in the due diligence work on behalf of Noro-Moseley Partners. During the course of this process I provided a list of potential due diligence items to the firm. The information request itself ran just over four pages. You can find a copy of the due diligence request on Scribd. The actual information itself could fill up a few binders.

Entrepreneurs and founders are often time surprised by the amount of information requested by potential investors. If you are going down a path to raise funding knowing what types of information potential investors are going to ask for and putting it together over a period of time can prove to be very helpful after you get a term sheet and are working through diligence and close.