Efficient, Straight forward, and Reasonable
Fund: Leapfrog Ventures
Posted by HI-IQT on 2008-09-29
Leapfrog's diligence process was quick and mostly painless. They were able to get to a decision with minimal running around which was nice and different from some other VCs that seemed to ask for a mountain of paperwork just because they could.
They are straightforward. We always knew exactly where we stood with them and even when the feedback wasn't great, it was good to know what they were thinking.
In negotiating deal terms, they were very reasonable. At times the attorneys would propose something and Leapfrog would tell them to keep the terms more straightforward which helped get the deal closed when it could have gotten even more complicated.
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