Every deck is a thesis with the graveyard left out. WorldbyFlow grades a thesis against named precedent, including the companies that tried it, died and why, and closes on the cheapest test that would retire the biggest assumption, so diligence starts where the founder's story stops.
Written for Early-stage investor doing diligence across many companies.·Runs in the Finance domain
Early-stage diligence is many companies, little time and the same underlying question: what has to be true for this to work. The scans here answer it in order: a stress-test of the thesis against precedent, a sector read with sourced figures, the deal record around the space, a dossier on the funds already in it, and a structured hunt for the problem the company claims to solve.
A thesis decomposed into its assumptions, each graded against named precedent including the graveyard and what killed it, closing on the cheapest test that would retire the biggest one. The diligence memo's spine.
A sector read with every figure's issuer named and the spread between estimates shown. The market slide, checked.
Rounds and acquisitions in the space with parties, dates and honest status, terms verbatim or marked undisclosed. Who is funding what, without the estimates.
A dossier on another fund: stated strategy, documented activity, people. Who you are co-investing with or competing against for the round.
The problem a company claims to solve, worked into candidate approaches with precedent for each. Is this the only way to attack it, and is it the right one.
The order matters. The first read gives you the structure; the next ones fill the parts that are hardest to source by hand.
Read the graveyard first. If it names the dead company you were already thinking of, and the reason, the memo can build on it.
Issuer and spread on every figure. The check on the number the founder put in the biggest font.
Who has funded what, with terms verbatim or undisclosed. The competitive round map.
One pass that argues against the deal the way your most skeptical partner will.
Every figure and quote links to where it came from. A claim the scan could not source is marked as such rather than dressed up.
Copy the stress-test into the deal memo as Markdown, or share it as a page the partnership can open before the Monday meeting.
Ask a follow-up question of any result, or run a Red Team pass that tries to break its own conclusions before someone else does. How the grades work →
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The fastest way to judge the result is to pick a subject you know cold and read it against what you know. If a colleague sent you here with an invitation, the credits land on your account when you sign up.