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Thank you. Got a few questions though. Do you discuss questions with others? Do you make decisions yourself while others are just consultants?
by snitko 17y ago
Thank you. Got a few questions though. Do you discuss questions with others? Do you make decisions yourself while others are just consultants?
- jacquesm 17y agoThe list of questions was compiled over the years, every time I do a dd for a company that is not comparable to one that I've done before I discuss what needs to be added with my employers to make sure that we don't miss something crucial. The actual questions are mine though, they guide the direction. Another reason why the question sets are changed is because of changes in technology (for instance, the appearance of the 'cloud' phenomenon has caused a whole slew of questions to be added). Most of this centers around the analysis of the risk an investor takes when buying all or part of a company, and how that risk can be mitigated, or at least reduced. I do make decisions but on a much lower level (<50K) and of a much simpler nature, usually those are made by myself and my partner and we are much more informal, we also don't need to report our decisions to shareholders or such.