Jakaitis: Unupdated dependencies from 2-3 years ago are major diligence red flags
Daniel Jekaitis · Startup Acquisition Stories with Daniel Jakaitis Founder of Chatkick · Nov 15, 2021 · at 12:19
Daniel Jakaitis discusses red flags during technical due diligence that caused him to walk away from prospective acquisitions.
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“Big red flags if they're like on versions that are outdated like two, three years ago, and it's very clear they've never updated it. I know I went into diligence with a couple of different products that never ended up closing because you'd get in there and they hadn't touched the thing in two and a half years.”
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