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So very recently there was an article about an SAAS provider baremetrics having to do a ton of due diligence for a buy that never happened. I own parts of a few
by g82918 7y ago
So very recently there was an article about an SAAS provider baremetrics having to do a ton of due diligence for a buy that never happened. I own parts of a few properties that aren't publicly traded. Find my net worth(a real estimate without lawyers and months).
- bastijn 7y agoNot sure if you meant this sarcastically, I guess you do. However, if such a tool would exist, taking away the hassle of due diligence or at least beforehand (before starting due diligence) prove you are a credible investor it could save a ton of work. If you had some way of knowing that your due diligence work and accompanying costs would not go to waste because of the opposing party not checking out, that would be value. Note it doesn't need to give an accurate, to the dollar net worth as long as it flags you as credible investor. Not saying anything about the complexity of building such a tool.
- g82918 7y agoKinda my point. If he has this tool it is a potential game changer. If not, why publicize a dumb tool that scavenges my bank account and posts that publicly? Where would I derive value from that? I basically think the product is shit, and degrading and worthless at best, but am trying to provide direction.