Assuming the validity of these caveats in business transactions and managing transactions accordingly has long been accepted practice of prudence in transactions.
It seems it has also given license to inclusion of at least "near bullshit" in pitches to sell or buy.
The short-sightedness of this approach becomes apparent when an industry with a caveat business culture looks to third party support, such as raising capital to enable its transactions.
The capitalist and parties to the transaction then must devote what might be an inordinate amount of resources to demonstrate the factuality of the presented opportunity.
As befits bullshit, this business practice stinks and wallowing in it is stupid.
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment