OUR APPROACH
Harbright’s "Real, Win, Worth" approach to due diligence provides a simple, disciplined framework to evaluate investments
DUE DILIGENCE PROCESS: KEY QUESTIONS
Real
Is the product real? Is there evidence of demand for this product and customer willingness to pay for it? Is the market sufficiently large?
Win
Can this company win? Does it have the right mix of competitive advantages, leadership, and business model to be successful?
Worth
Is this investment worth it? Are the valuation, deal terms, and company upside aligned with the fundamental worth of the investment?
"Diligence is the mother of all luck."
Benjamin Franklin
Harbright’s thorough due diligence process increases the probability of Investment success
THE IMPACT OF DUE DILIGENCE ON INVESTMENT SUCCESS
Investors who spent
< 20 hours of DD
Avg. Return | 1.1x
Investors who spent
20-40 hours of DD
Avg. Return | 5.9x
Investors who spent
40+ hours of DD
Avg. Return | 7.1x
“Tracking Angel Capital Returns”,
The Kauffman Foundation