due diligence

“I think it's valuable to Make it up as you go along because it allows you flexibility to adapt to changing market environment, to identify the key issue or issues at each individual firm, and every one of these is different, and also enables you to learn each …”

“The longer that someone takes, the longer they're going to be with you.”

“If you put it in a time spectrum, I would say what used to take six weeks now takes 18 months.”

“Do calls individually. It's really difficult to do a group Zoom or Teams call in terms of due diligence because you might have people talking over each other. You can't pick up on individual Brady Bunch boxes that when the senior PM talks, the number two rolls…”

“You ask, where is it going? I think it's going to be a little bit of both. I think our meetings will be more meaningful, and that instead of doing a marathon all day meeting on site where we're exhausted and they're exhausted, or flying to Hong Kong and our ey…”

“There is so much having worked at three firms that no LP would ever probably unearth, even if they tried. Firms are organic organizations, and no matter how much we think we know, we don't actually know what motivates them.”