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No you don't - they are now vulnerable to scams and you are not.
by hobs 1y ago
No you don't - they are now vulnerable to scams and you are not.
- brandall10 1y agoFor this deal, sure. What about others? Many times your competitors will come out ahead. Risky decisions happen all the time in business, as long as the risk is outweighed by the perceived reward.
- chii 1y ago> they are now vulnerable to scams and you are not. if the scam is not going to hurt the agent (in this case, the CEO responsible for the buy out), and the success is going to reward the agent, then the incentives are not completely aligned between the agent and the principle. So signing the deal with less due diligence, then correcting it later (if needed) seems more profitable to the agent, while the principle takes all of the losses (if any).