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Once I am contacted by Sierra Ventures, what is the next step?

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Once I am contacted by Sierra Ventures, what is the next step?

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When a company’s business meets our criteria, a Sierra Ventures investment professional will contact you and we will initiate the due diligence process. While our investors frequently make their investment decisions quickly, the due diligence process is complex and can take four to six weeks to complete. This process includes meetings between your company’s management team and the Sierra investment team, an analysis of the market, a review of the company’s competitors, reference checks on the management team, and customer reference calls. After the due diligence process is complete, Sierra’s managing directors meet to make an investment decision. We require consensus among the managing directors that an investment is attractive before we make an investment. Once we decide to invest, the ensuing legal process generally takes another four weeks to complete before we make our initial investment.

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