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Due Diligence Quotes

Browse 24 quotes about Due Diligence.

Due Diligence Quotes

“Due diligence involves a lot of paperwork and sometimes more footwork than you could possibly imagine; hopefully you’ll find the process of getting the job done as fascinating as I do. Real-world puzzle-solving is always going to interest me more than any novel, escape room, or video game. I do believe that the truth is out there; there is an answer if you ask the right questions.”

“When the due diligence process fails to account for a holistic set of data, then the leaders are incapable of having a holistic sense of how successful the deal may be, and what chance of success the new entity may have.”

“Mossfon subscribed to a Google-like paid search service called World-Check to help identify PEPs ["politically exposed person"] and criminals. It also, not for the first time, sent a letter to its professional clients requesting that they conduct a customer review. There was little follow-up. It was a question of incentives. When scandals sporadically came to light, they always seemed to resolve themselves without undue harm to the firm. Meanwhile, business was booming. In 2005, the firm tripled the number of shell companies it created on behalf of banks. By the end of the year, Mossfon had more than seventy thousand active companies. To do the necessary due diligence on all of them would have been prohibitively expensive, and sometimes impossible. In a business predicated on secrecy, no one wanted to produce the information.”

“When seeking startup funding, having a well thought out investor data room with financial forecasts, cap tables, and legal essentials streamlines due diligence and signals operational maturity. It's like curating a gallery where each exhibit tells a compelling story, drawing investors in to see your startup masterpiece.”

“I spend a lot of my downtime studying different businesses and learning from a lot of entrepreneurs when I'm not playing football. They can help me evaluate different ventures to see if they'll work. I was aggressive with my initial investments, trying to hit a homerun each time. But now, I'm stepping back and being more patient, giving them due diligence.”

“I take pop culture really seriously, I think it's really important, and the stuff that I make...I don't want it to be insubstantial, even if it's about something wacky, like sharpening pencils. I feel like I owe it to myself and I owe it to people who are really interested in pencils and I owe it to anybody to do my due diligence and give them something real.”

“Learning is not attained by chance, it must be sought for with ardor and diligence.”

“I'm excited about silver because as I write, it's relatively inexpensive. I'm also excited about silver because -- unlike real estate, which can require a lot of money, some finance skills, lots of due diligence and property management skills to do well -- silver is affordable to the masses, and management skills are minimum.”