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Comment on Due Diligence for a startup - what's involved?

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For starters:

1) Who is the offer from? What are their credentials? Are they a (well)known /trustworthy entity, with some sort of track record?

2) If not, it could be a 'ploy' from a competitor at worst, or a frivolous offer.

3) In any case, consult a (competent) lawyer with relevant experience before disclosing any proprietary information (that could not be otherwise available) to them.

-HTH

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