What SparkOptimus typically reviews as part of the Technical Due Diligence
Technical due diligence is a process by which the investor or corporate attempts to answer one or more specific questions related to a company’s technology capabilities, before making an investment or acquisition.
Below you will find a brief overview of the topics we will most likely review. This breadth and width in general and per topic will differ based on the stage of the company and the specific requests made.
Some bullets to give you a quick overview:
The team
- Experience in the team
- Partnerships & responsibilities
- Roles & Responsibilities
- Who does what, strong dependencies on external companies for strategic assets?
- Healthy balance internally? Are any disciplines missing?
- Technical management
- Drive the platform selection and technical design
- Find the 80/20 balance
- Grow technical leaders
- Own the development methodology
- and more…
The product approach
- Ideation phase – What is the process of (feature) development
- Planning & prioritisation / Clear roadmap – How is work planned?
- Is this approach doable and how many developers are needed?
- Is this concept copyable?
- Validation of developed features – How do they check if the time invested has a positive ROI?
- and more…
The user experience (if applicable)
- Search engine readiness
- Front end performance (load times, different devices)
- Domain name ownership
- Responsiveness check
- Security
- Privacy
- and more…
The software and infrastructure (or hardware)
- Hosting setup / infrastructure / DNS
- Monitoring
- Failover / redundancy
- Code review / Architecture design
- Abstraction of software design
- Extendability (e.g. localisation and multiple geographic locations)
- Scaling the code on substantial increase of usage
- Scaling the code on maintainability
- and more…
The maturity or processes
This reviews several aspects of your business like e.g.:
- Security in operations
- Backups
- Quality assurance
- Customer support
- Deployment
- Automation
- and more…