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> It's typically quite a surprise when we start asking about the activities of companies that the other party believes are well hidden. Also, if you do tech DD
by mbesto 5y ago
> It's typically quite a surprise when we start asking about the activities of companies that the other party believes are well hidden.
Also, if you do tech DD - most techies are happy to share details that unknowingly might expose because they tend to be less business savvy. CEO/CFO's on the other hand...
- endymi0n 5y agoHaha, true. Was most probably me who let that deal fall through back then when I admitted the algorithm was basically a bunch of haphazard excel sheets. Managed to BS the second team way better after that — and they were eager enough to have a share of the rocket ship at all cost. Guess they weren‘t too happy losing most if their series B invest.
- jacquesm 5y agoThat's a fact.