14 ms·

So.. I should start a whistleblower due diligence platform where a potential acquirer can discretely connect with employees of a company and get unfiltered resp

So.. I should start a whistleblower due diligence platform where a potential acquirer can discretely connect with employees of a company and get unfiltered responses. Maybe let them know just how much bullshit is being peddled? Surely that'd have easily been worth a $250k bonus to a mid-career analyst at Frank who could have told JPMC "nah we actually have about 300k customers, our CEO is lying".

vagrantJin 4y ago
Why though? Companied invest in due diligence people and processes (unlike us plebs) If they get swindled, a fool and his money are soon parted. My intrigue is that due dilligence is quite lax for certain types of people. I wonder what the criteria are. Surely 'those' academically excellent M&A people would never slack on a 100mil+ transaction, or so we are led to believe.