Running your first IC session
What the IC does
The DealRecord AI Investment Committee (IC) stress-tests a deal against your configured thesis. It doesn't decide — you decide. The IC surfaces the arguments you haven't made and the risks you haven't named.
Think of it as a structured pre-mortem before you commit capital.
The six perspectives
Every IC session runs six analytical perspectives:
- Thesis Alignment — Does this deal match your stated criteria? Where does it fall short?
- Market Risk — What has to be true about the market for this to work?
- Team Risk — What in the team's profile increases or decreases conviction?
- Competitive Risk — What does the competitive map look like in 24 months?
- Financial Risk — What are the assumptions baked into the valuation?
- Portfolio Fit — How does this deal interact with your existing positions?
Each perspective is independent. They don't vote — they argue. The transcript shows where perspectives agree and where they diverge.
Running a session
From the deal page, click Run IC Session. DealRecord will:
- Pull your thesis criteria for this deal category
- Pull the deal memo and any uploaded materials
- Run all six perspectives in parallel
- Generate a structured transcript with findings and key risks
Sessions take 60-90 seconds. You can run multiple sessions on the same deal as the memo evolves.
Reading the transcript
The IC transcript has three sections:
Findings — what each perspective surfaced, organized by confidence level (high / medium / low)
Divergences — where perspectives disagreed and why. These are often the most useful signals.
Recommended due diligence — specific questions to answer before proceeding. These are generated from the gaps in your current deal information, not generic checklists.
Override and rationale
If you disagree with a perspective's finding, you can flag it with an override and a rationale. This is important — it's not about dismissing the IC's output, it's about creating a record of why you saw it differently.
Over time, override patterns become some of the most valuable data in your record. They show where your fund has a differentiated view and whether that view is consistently right.