Google “Diggs” Technical Due Diligence
If ever there was a vindication of the need for technical due diligence, this is it. It seems that an issue arising during the TDD may have caused Google to walk away from a $200 million acquisition of Digg.
It’s a strong example of how crucial the technical assessment can prove to be.
We’ve been saying for a long time that technology due diligence is a critical part, if not the most important part, of the investment preparation process. It seems in this case that Google would agree.