Raise Millions by Hustle Fund VC Page 125 Do VCs actually need to look at all the documents? In full transparency, Elizabeth doesn’t ask to see their data room when she personally invests in startups as an angel investor. But as a VC, she does ask for their incorporation papers to verify her investment is going to the company, not the founder’s bank account. In addition, Hustle Fund verifies the founders have vesting in place, a stock plan, and a cap table that makes sense. If the company sends her a link to the data room anyway, she doesn’t thoroughly review each document. Instead, she looks to see how the founders organize their data room. One of my favorite quotes is “How you do anything is how you do everything.” As such, we can expect that the way founders keep track of their documents is reflective of the way they run their companies. Impressive companies have everything organized and easy to find ● All documents are filed in the correct folders ● All important documents are included ● Everything is clearly labeled and easily searchable Messy companies have very little sorted out ● Nothing is organized ● Files are missing ● Documents aren’t properly labeled hustlefund.vc / @hustlefundvc