Zero to Infinity cover image

134: “When it seems too good to be true, it likely is”! aka thoughts on corp governance for digital co.’s

Zero to Infinity

00:00

The Diligence Process Should Change

I think what we should learn and by the way this came up somebody mentioned it that the board and the existing investors technically base basis on the engagement letter you sign with the audit or the diligence firms supposedly we have access to those reports. Most of us don't ask for it right so I think again and one of our founders is actually two founders have done this and I think it's great they told the incoming investor first of all they asked for the diligence report he looked at it obviously they want to make sure nothing is but if the deal is happening then you know obviously it couldn't have been that bad. They have encouraged the incoming investor to share that with the board or the existing investors so

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app