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An off-color comment over drinks has tanked many, MANY deals.
by Invictus0 5y ago
An off-color comment over drinks has tanked many, MANY deals.
- hnbad 5y agoNo kidding. If I was giddy to buy out a company and their CEO told me there's another company that is much better than them and also looking to get acquired and insist their people are better when I push back on it, I'd be extremely cautious about going forward as planned. It may not be that the other company really is that good, but if the CEO is so comfortable underselling their own team, that suggests the company is not as attractive as initially thought. Especially in a space where hype is the norm.