Doing Deals Without Meeting In Person? 5 Guidelines For VCs And Entrepreneurs

Since covid hit the US six months ago VCs and entrepreneurs worldwide have had to adapt to the new reality of doing deals without meeting in person. Building trust is the challenge — both sides must believe in each other — and it becomes even more critical at the early-stage where there are less proof points around the business. In this time period practically every panel I have served on has had questions around this process. And I was surprised to find many (most?) entrepreneurs and VCs express skepticism while I felt very comfortable with virtual-only investments. I did my…...