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#037 Inside Buying & Selling Internet Businesses with Thomas Smale, Founder/CEO of FE International
Smart Friends
The Difference Between an Audited and Guaranteed Prospectus
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"We want buyers and sellers to do well. We haven't been around 12 years by selling businesses which suckan and misrepresented" "The only way you'r ever really going to know is when you get into due diligence an you start verifying the numbers" 'You have to be very disciplined, ecigause what the average person who's misrepresenting will make up an excuse why they can't send me something,' he says. "'If a closs line says they spend ten thousand dollars on x,. And the other prospector says, ten thousand dollar on x.' It might be so offt tu," she adds. ''I think people sort of stand fast and like, you
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