The Surprise of a Lifetime
Contributed by Marc Datelle is the President and CEO of Anduro Manufacturing.
Due diligence: It’s what you do before investing in a company to ensure the deal is right, and that there are no hidden problems that will emerge once you’ve committed. But two lawyers, a mortgage broker, two investment advisors and a handful of CPAs aside, more than a year after closing our deal we were battling a perfect storm of broken promises, unfulfilled commitments and unhappy customers— and absorbing the associated costs amounting to more than our original investment.