Tech Due Diligence Fake Product
When I work in a late-stage startup as a CTO, my CEO often looks for small startups for acquisition as an investment. Sometimes, I need to conduct tech due diligence to determine if it is worth buying the company or its team. One day, one of our subsidiary companies requested to hire a former CEO from a startup. They claimed the company was impressive and had valuable assets. I met with them, and the CEO proudly told me they had already built a product-ready solution. However, due to budget constraints and timelines, they wanted to sell it to us. I suspected that the solution might not be fully developed, so I assigned one of my engineers to review their product. At the same time, we arranged a meeting with the former tech lead who designed and built the core product himself. ...