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Why? They don't make these deals directly, their agent or business managers do due diligence. And all the DD that's required is "Will my client be paid in full?
by rchaud 3y ago
Why? They don't make these deals directly, their agent or business managers do due diligence. And all the DD that's required is "Will my client be paid in full?"
None of these celeb endorsements include claims of financial solvency or guaranteed returns.
- vidarh 3y agoIf it's correct they got them via Cameo, Cameo does all the work, and the customer will agrees to terms that include providing factual information, so you're probably right that there's next to no DD because they know the money will be coming and unless it's some acute reputational risk I assume they'll just trust Cameo to deal with any problems. And presumably, Cameo does a lot of work to convince them they don't need to.
- rchaud 3y agoSeeing that it was Cameo, yes, Wozniak should carry some responsibility here. He wasn't exactly wishing someone a happy birthday.