The SWAN Impact Network has earned a reputation for performing high-quality due diligence before we invest. And writing comprehensive deal memos is made easier for each contributor when a team comes together to work collaboratively. The team approach supports one of our key values, educating our members. Working on deal memos is immensely educational, especially for angels new to investing.
Here are some statistics:
- Over half of our current SWAN members have helped write a detailed deal memo
- One-in-five of our current SWAN members have been a deal lead and managed the writing of a deal memo
- For our two most recent investments, each effort had five first-time diligence contributors and a first-time deal lead, who were ably educated and supported by our more experienced investors.