Diligence checks the financials and the contracts. It rarely measures how much of the value sits in one person. This checklist covers customers, pricing, product, people and decisions.
The alternative cost framework explains why post-acquisition decisions cost more than anyone models. Five specific places consistently destroy EBITDA in the operational layer of a founder-led...
Every post-acquisition decision has a price tag everyone can see and one almost nobody calculates. The alternative cost is usually the largest of the three