The proverb says you don't look a gift horse in the mouth—but it's free. By contrast, in the startup world caveat emptor—buyer beware—is the default. Startups are havens of uncertainty. They're organizations formed to launch a successful business model in conditions where almost nothing is guaranteed. That means investors need to look at the finances, team, product, and market of any business they plan on backing. In this panel discussion, hear how backers think about Due Diligence, and what you can do to prepare for this fundamental milestone in any funding event.