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0 pointsrvba2y ago0 comments

Technical due dilligence isnt that important.

The first thing is that the product has to scale, be popular, then maybe make money. You can always hire people who will rewrite.

The opposite doesnt work. Technically brilliant product might be unpopular or unknown.

Please note: I dont say that things should be built poorly.

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raverbashing2y ago

> Technical due dilligence isnt that important.

I suspect some Theranos and uBeam investors disagree with you

sroussey2y ago

Very much depends on the market. A marketplace app establishing a great user base? What will the intrusive technical due diligence get you?

Very much depends on the stage. At Idea Stage or Prototype what are you looking at exactly?

Series C biotech though…

CharlieDigital2y ago

In many cases, there's a fine line between "technical" DD and just "DD".

Case in point is the JPMC acquisition of Frank and Frank's CEO Charlie Javice.

Turns out all of the user numbers were made up. A technical DD would have easily surfaced this even though the user numbers and volume is business related.

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