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It looks to me that your references contradict you. How many companies have you sold? I do not know whether the due diligence is supposed to be done after an o
by dakimov 13y ago
It looks to me that your references contradict you. How many companies have you sold?
I do not know whether the due diligence is supposed to be done after an offer, but when you are negligible to a company that will possibly acquire you, they just propose a due diligence and maybe a deal, or no deal. What would you choose?
- justin 13y agolarrys is correct; due diligence (as it applies in corporate M&A) occurs after a term sheet or letter of intent is sent and accepted, and is the process of verifying that everything the other party said was true. Further, your question "How many companies have you sold?" is rude and irrelevant.
- dakimov 13y agoSorry, I tried to look smart talking about things I did not know enough about. I sometimes do this because I am very frustrated, as I am your age and have not done anything significant with my life. It gives me a huge amount of butthurt looking at people like you, as you are my age and a seasoned entreprenur, rich, happy and successful, and I am a miserable failure. Sure you know how due diligence is done, probably you have had time to be good at knowledge and experience in business, while your employees whom you have made money from have been working barely seeing the sun. Are all those people THAT worse than you to justify the income discrepancy, or are they worse than you at all? Do you consider yourself superior to the people who are of your age or older and are still working as employees? This seems so fucking unfair to me that people like you get THAT amount of money and life enjoyment. Are you really THAT good, that better than the people who are not entrepreneurs? Looking at people like you, I suppose you believe you are extremely smart and special and the way you life turned was the only possible way. The human world is so fucked up. By the way, I do not think that the question "How many companies have you sold" is that rude, I was just trying to find out whether the person speaks from their experience or not. And definitely it is relevant. So go fuck yourself, smarty pants.
- larrys 13y agoSold 3, bought 1. As far as companies that is. Enough years in business to have known ESR when he was at the Wharton Computer center.