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> use the diligence just so they can figure out their IP and build internally Colloquially (and colorfully) called "brain rape". This has a long and highly pr
by quesera 4y ago
> use the diligence just so they can figure out their IP and build internally
Colloquially (and colorfully) called "brain rape".
This has a long and highly profitable history in Silicon Valley.
Anyone involved in M&A discussions needs to be taught how to work in this environment.
- williamcotton 4y agoIt happened to me! I had a crypto startup around 2014 and we were hiring. One “candidate” asked if we could meet at his office. So I walked into an IBM office off of Market in SF and he had me explain our product and draw detailed diagrams on a whiteboard. The joke was on them. It was a terrible idea! But seriously, what kind of scumbags are these people?