VC due diligence on founders and exec teams, in under an hour.
A partner needs founder context before a Friday IC. The associate has Wednesday to gather it. Three to eight founders to research, plus a key hire on the exec team. This is the workflow that compresses three days into one hour.
The scenario
Wednesday morning. A Series A deck lands in your inbox from a partner. Pitch is Friday. You have two days. The deck names three founders, a recently-hired CTO, and a CPO who joined from a public-company role. The partner wants to know:
- Have any of these founders shipped before? At what scale? With what outcome?
- Did the CTO leave their last public-company role on good terms? Anything in their last employer's 8-Ks during the tenure window?
- Is the team graph genuine, or are these people who barely know each other?
- Any public-reputation flags worth surfacing before the partner falls in love with the founder?
- Who could give a back-channel reference?
The traditional answer is two associate days: LinkedIn-stalking, Crunchbase-clicking, news archive trawling, and panicked Twitter searches the night before the IC. The MentionFox answer is a four-report workflow that returns in under an hour.
Why this matters
Most LP-side post-mortems on bad VC investments trace back to founder issues that were knowable at deal time. Prior shipping outcomes, prior team-blow-up patterns, pre-existing public commitments to a different thesis, executive departures coincident with material 8-K events. None of this is hidden; all of it is in public sources. The constraint is associate time.
The compounding stakes: a $5M Series A check at a $25M post that sleeps for seven years carries an opportunity cost in the millions if the founder pattern was a clean-exit risk. A $50M Series B check on an exec team with a recent departure pattern that the GP did not see is a partner-level reputation event for the firm.
What to verify on the founders
- Prior shipping evidence. Have they shipped a product to real users at real scale? Or is the resume LinkedIn-pretty but production-thin? Crunchbase prior-company outcomes plus GitHub contribution depth answer this in 90 seconds.
- Exit pattern. Three prior shutdowns, one sale to friends-and-family acquirer, and now a fourth at-bat is a pattern. Two clean shutdowns and one $200M acquisition is a different pattern. The Founder Vetting Report categorizes every prior outcome.
- Founder-market fit signal. Does the founder have a pre-existing public commitment to this domain (podcasts, blog posts, prior work) or is the thesis a swerve? Public-record evidence shows up in the founder-market fit section.
- Co-founder history. Did this team work together before? At what company? For how long? A team graph that shows three people who met at a hackathon six months ago is a different risk profile than a team that has shipped together for four years.
- Public-reputation flags. Anything in the public record (news, court filings, public-statement controversies) the partner would want to know before pitch. The report flags or honestly tags "no flags found."
- Network and warm-intro paths. Who in your firm's portfolio overlaps with the founder's network? Who can give a back-channel reference today, before the IC?
- Pitch readiness. Does the public footprint suggest a founder ready for institutional capital, or a founder still in build-mode who will struggle with the round?
What to verify on the executive team
- Departure timing pattern. Did the CTO's prior departure coincide with a material 8-K within 30 days? Was the CPO's exit announced as a planned transition or sudden? The Executive Vetting Report contextualizes every prior departure.
- Compensation signal. Proxy-disclosed compensation history surfaces whether the executive is taking a meaningful pay cut to join an early-stage company (signal of conviction) or arriving at parity (neutral signal).
- Board interlocks and conflicts. Public board service across competitors or prior co-investors. A CFO who sits on a public board overlapping the target's customer base is a flag worth surfacing.
- Material events during prior tenure. Restatements, internal investigations, public governance disputes during the executive's prior tenure. Each event sourced from the filing of record.
- Insider trading pattern. Form 4 read on prior public-company tenure. Sales clustering, 10b5-1 plan adoption history. Treated as one signal among many.
How MentionFox does it
Four reports in parallel. Each one cites every claim to a public URL. The associate reads the executive summary, scans the source citations, and pulls the load-bearing claim into the IC memo with the URL inline.
Founder Vetting Reports (3)
Twelve sections each, 2,500-5,500 words. Career arc, exit history, founder-market fit, cap-table inference, comparable founders, public-reputation flags, warm-intro paths. 200 credits each, returns in 5-8 minutes.
Executive Vetting Report (1)
Twelve sections, 3,000-6,500 words. Career arc with departure-pattern flags, proxy-disclosed compensation, board interlocks, material-events-during-tenure timeline, Form 4 insider trading pattern. 500 credits, returns in 8-12 minutes.
All four reports run in parallel. While the second pours coffee, three founder reports and one executive report finish populating. Total wall time: roughly 12-15 minutes for all four.
What a customer's hour looks like
Open the Founder Vetter
Paste the three founder names. Confirm each candidate via the disambiguation card (the gate that prevents wrong-person reports). Click "Generate Report" on each. Three reports queue.
Open the Executive Vetter
Paste the CTO. Confirm the candidate (the SEC EDGAR cross-reference auto-locks identity for any executive whose name appears in a federal filing). Click "Generate Report." Fourth report queues.
First Founder Snapshot returns
Read the executive summary. Note the prior-shutdown count and exit pattern. Scan the public-reputation flags. Drop the URL into a Notion DD memo with a four-bullet summary.
All four reports complete
Read each executive summary. Pull the three load-bearing claims per founder, plus the executive's departure-pattern flags. Note warm-intro candidates from the network section.
IC memo draft
Founder backgrounds + executive departure context + warm-intro shortlist + top three flags per subject. Every claim links back to the cited public URL.
Reach out to the warm-intro candidates
Two candidates from the network section are former portfolio CEOs at your firm. One short Slack message gets a back-channel reference scheduled for tomorrow.
Hand the partner the memo
Friday-morning IC prep is done before lunch on Wednesday. The partner sees the four facts that matter, sourced, and has a back-channel reference call already booked.
Pricing for this use case
Three Founder Reports + one Executive Report
Standard VC IC-prep workflow.
1,100 credits total
3 x 200 = 600 founder + 500 executive. Roughly the cost of one billable hour at most outside-counsel rates.
Three Founder Snapshots + one Executive Snapshot
Top-of-funnel screening before deeper diligence.
190 credits total
3 x 30 = 90 founder snapshots + 100 executive snapshot. The right tier for triaging 10 deals down to 3 finalists.
Credits are platform-wide. A Pro plan includes a credit grant monthly; pay-as-you-go credit packs are available for higher-volume diligence cycles. See pricing for current plans.
Related
Founder Vetting Reports → Executive Vetting Reports → Founder Methodology → Executive Methodology → Use case: Hiring a Board Member →