Remove Differentiation Remove Due Diligence Remove PR Remove Syndication
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Time is the Enemy of All Deals

Both Sides of the Table

We were trying to optimize around a few criteria: price, size of round, number of syndicate partners and, of course, terms. We moved into the legal process and final due diligence in January and February of 2000. But I sometime see people get bogged down in PR releases, cancelation clauses, minimum guarantees, whatever.