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Fortune
Fortune
Jessica Mathews

VC Kristina Simmons breaks down what due diligence should look like in 2023

(Credit: Courtesy of Overwater Ventures)

FTX’s Sam Bankman-Fried is under house arrest after being charged with fraud. Frank founder Charlie Javice was recently arrested. And Elizabeth Holmes is set to start her prison sentence later this month. Things are not always as founders say they are—and it’s one of the reasons why due diligence (or the lack thereof) has recently come under the spotlight.

Kristina Simmons, a former Lululemon operator, a16z partner, and the ex-chief of staff and investor at Khosla Ventures, thinks she can cut through all the noise, and that she’s figured out a way to pinpoint what a founder really believes and discern whether they’re telling the truth.

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