ELI5: What do you do in a due diligence project? What are the deliverables and how do you complete them?

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Buyer has questions

Diligence process figures out answers

Deliverables are slides laying out why those are the answers

Hard to make it any more ELI5 than that

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You interview the target’s management and google if their answers make sense

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In my experience, the simplest DD:
- what is the total addressable market of target company? how is addressable market expected to evolve over next 5-10 years?
- what is competitive landscape? who are top competitors in each market? what are the key buying preferences of customers and how does target company rank?

First point is based on building a market model based on using certain proxies as the underlying drivers, second is through a large number of targeted customer/competitor interviews

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Yes for a commercial DD. Don’t know what
OP is asking for really

Google is your friend

Spend many hours jan a short time frame to answer those questions with limited information*

Go to wallstreetbets and you will see plenty Due diligence on GameStop

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