Gadia: On paper, looks like the greatest company of all time. But under the hood, it's not as strong as you might think. He says people are giving themselves credit in some places and then taking out the cost in other places. Gadia on self dealing: "I didn't know what how accounting worked"
In this hot funding environment, both investors and founders benefit from startups having all the finance basics covered. In this episode, Kruze Consulting COO Scott Orn joins to explain how to prepare for diligence and avoid fraud. They discuss common blockers in diligence (10:19), the benefits of tight financials (23:31) and more!