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How much depth does due diligence really involve? I'm involved with a company taking some investment from the outside. We're really just sending them copies o
by duxup 1y ago
How much depth does due diligence really involve?
I'm involved with a company taking some investment from the outside. We're really just sending them copies of our documents and data.
IF someone chose to blatantly lie on that paperwork (we're not), I'm not sure how much they could spot.
In the meantime this outside group isn't querying out DB that's for sure, but even then in the example of this case, they actually generated fake user data and records.
I'm not saying you're wrong generally, but I think a lot of due diligence really does trust that someone wouldn't blatantly fake ... everything.