This decision isn't meant to be made quickly; due scientific diligence requires time.
Dan [Brewster] came on to do the diligence for Time, and then they put him in place to run it.
I realize the original post appears a bit incomplete in retrospect, I'm going to do a little more due diligence next time!
And one of the things entrepreneurs value the most from a VC is quick feedback (positive or negative) when they are doing due diligence because time is money, and startups don't have much of either.
Because if something fell through with BT… You know if we were to set off one of the basic deal trip wires like failing to meet certain deadlines, not finishing due diligence on time, etc. we'd have already exposed ourselves and would have to act quickly on the momentum of the moment.
Due diligence takes time and money, so you should have all or some portion of the land in question under contract so you can practice due diligence before making an offer.
Petrie was impressed with their diligence, and over time it became a tradition for archeologists to hire people from Quft.
"I am not sure to what extent the due diligence at the time revealed issues of non-compliance.
"It might look like you have greater productivity but you lose the skill, the diligence and the time".
A Soma spokesman said: "Soma undertook the standard due diligence at the time he [Ajami] joined the board and found nothing of concern".
