What we found was that raising capital took months of presentations to different investors, followup meetings, due diligence, negotiations and headaches.

FORBES: 3 Key Components to Implement Your Next Big Idea

Key to getting this round of growth capital was landing the Tooele Army Depot as a customer and the months-long due diligence it entailed, he says.

FORBES: A Comeback For Infinia's Solar Power Heat Ray?

Suntech said that in the course of conducting due diligence for a possible sale of its stake in GSF it discovered that German government bonds put up by GSF Capital as security may not exist.

FORBES: Suntech Founder Steps Down As CEO Of World's Largest Solar Company

In a statement, ThinkStrategy said the TS Multi-Strategy funds conducted due diligence on over 350 investment opportunities and had over 100 different investment tranches, adding that all investors in the ThinkStrategy Capital Fund were fully redeemed and that both classes of the Fund were closed by 2007.

FORBES: SEC Alleges Deceptive Conduct Against Fund Of Hedge Funds Manager