Morrison & Foerster partner Lip Kian Ang was quoted in the article “It’s no done deal: Deal-making 2.0 in SE Asia” by The Ken in which he shared his perspectives on remote investing by venture capitalists at a time when travel is still restricted due to the COVID-19 pandemic. What are the implications for investing in a company if you’ve never met them in person?
“There has also been greater due diligence scrutiny on the impact of Covid-19 in a target’s business. We were helping our clients formulate in-depth due diligence questions around, for instance, the impact of the pandemic on the target’s businesses and financial projections, as well as its crisis management policies,” adds Ang.
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