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I have no comments on (2) & (3), though they sound a bit too speculative. However, (1) does not make sense to me, since due diligence, pretty much by definition
by ablekh 7y ago
I have no comments on (2) & (3), though they sound a bit too speculative. However, (1) does not make sense to me, since due diligence, pretty much by definition, should have included "getting deep into the weeds" (especially for Series A and, even more so, by a prominent VC firm).
BTW, kudos to you for your December 2018 blog post on bootstrapping (the relevant HN discussion does not disappoint either).
- abalashov 7y agoThank you, that’s really kind of you!
- ablekh 7y agoMy pleasure! Feel free to get in touch, whenever you feel lonely professionally or otherwise - will be happy to chat.
- vidarh 7y agoConsider that there are two sides to this: Stripe and Finix. Due dilligence on Finix may well have been solid enough in isolation, but have unveiled things that requires non-public information about Stripe that few people were privy to before someone could connect the dots. Or someone seriously dropped the ball, of course - it happens.