But that's the point: everyone believes somebody else is doing due diligence, even when it's not actually happening. This is a huge problem today because of the

But that's the point: everyone believes somebody else is doing due diligence, even when it's not actually happening. This is a huge problem today because of the "party round." Just look at Zirtual[1] and Amicus[2][3]. [1] https://news.ycombinator.com/item?id=10036321 https://news.ycombinator.com/item?id=10036321 [2] http://www.newrepublic.com/article/119350/amicus-app-how-tech-investors-are-failing-due-diligence http://www.newrepublic.com/article/119350/amicus-app-how-tec... [3] https://news.ycombinator.com/item?id=8082785 https://news.ycombinator.com/item?id=8082785