Re: Due diligence is more than just "show me some bank statements"
They like to sprinkle cash around... some might sink, some pay out big time.
Due diligence takes too long, and in any case these wizzy venture capitalists are geniuses, they know better than mere mortals. They must do because they are rich.
But for genius read moron, because it should be cause for concern when a company that is a runaway success, pulling in vast revenues, needs a hand out to meet payroll expenses...
Biting the hand that feeds IT
