Dealplexus

  The end year’s transition is strategically crucial because startup founders have to determine whether to look for funding at the closing of the year or seek it in the coming new year. Particularly for growing and young startups that have a working product and are generating revenue, this factor of extending the cash runway might prove to be world-altering.      Let us consider the reasons behind how this funding can set the business up for success in the months to come.      Why Is the Time Frame So Important for Securing Funds for Startups ?   When it comes to startups that are on a growth trajectory, keeping this momentum is of utmost importance. The average cash runway that is needed for most of these causes is around 18 to 24 months . Funds secured at the end of the year create this essential sloth where a startup can tout into the new bilateral and be ready to further the growth of the company.     Advantages of Funding at the ...

  Financial due diligence is an essential part of any business transaction, no matter if it involves a merger, acquisition, or investment. It entails a careful examination of a company’s finances to reveal any hidden surprises or liabilities that could prove harmful to the deal. The extent to which due diligence is carried out depends on the complexity of the transaction.      Normally, the process takes a lot of time and effort as it involves analyzing documents to prepare legal, financial and commercial information. While these steps remain necessary, recent changes due to the use of artificial intelligence (AI) in business are improving how this important task is carried out.     The blog is interested in AI tools, especially natural language processing tools such as ChatGPT, and their application in the financial due diligence process with the aim of saving time and reducing errors as well as deepening the analysis.     Use of AI for Finan...