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Technical due dilligence isnt that important. The first thing is that the product has to scale, be popular, then maybe make money. You can always hire people w
by rvba 3y ago
Technical due dilligence isnt that important.
The first thing is that the product has to scale, be popular, then maybe make money. You can always hire people who will rewrite.
The opposite doesnt work. Technically brilliant product might be unpopular or unknown.
Please note: I dont say that things should be built poorly.
- raverbashing 3y ago> Technical due dilligence isnt that important. I suspect some Theranos and uBeam investors disagree with you
- sroussey 3y agoVery much depends on the market. A marketplace app establishing a great user base? What will the intrusive technical due diligence get you? Very much depends on the stage. At Idea Stage or Prototype what are you looking at exactly? Series C biotech though…
- CharlieDigital 3y agoIn many cases, there's a fine line between "technical" DD and just "DD". Case in point is the JPMC acquisition of Frank and Frank's CEO Charlie Javice. Turns out all of the user numbers were made up. A technical DD would have easily surfaced this even though the user numbers and volume is business related.