As coronavirus calls a halt to on-site due diligence, deals go in limbo

Coronavirus disease outbreak (COVID-19) – warning alarm message statistic. Photo: Markus Spiske/unsplash

While startups of all sizes are still in the market looking for funding and investors continue to scout for deals, closing is running into a big wall: on-site due diligence.

In a webinar last week, San Francisco-based law firm Morrison & Foerster highlighted site visits as a key stumbling block.

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