“And then as we're going along, each step of the way, I'm going to recite back to the entrepreneur or to the management team, okay, here's what I'm hearing. Do I understand this correct? Great. Let's move on.”

Run the Numbers · The Hierarchy of Metrics BS: How Investors Spot Fake Numbers | Brian Neider

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What was described

During diligence, recite back to the entrepreneur what you heard, asking “Do I understand this correct?” before moving on

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