What is your opinion on the future of FDD? Seems like it’s become very commoditized and I hear they are working on AI to produce QoE’s in a week rather than usual month turnaround.

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Unfortunately it’s the trend

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Lol Deloitte was doing deals under 100M in 6 hours when I was there 3 years ago. Tbh they did this with their automation, ai had nothing to do with it

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We only did one part of the QoE, revenue wise but ya they cranked em out like no-ones business

There are things in M&A that just can’t get automated. I would focus on transferable skills IMHO. I’ve led diligence with Big 4 and MBB and it’s not as great as you think. Paying for brand rather than quality esp. if done quickly

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Oh 100%, it’s commoditized now bc it’s basically required by every investment committee now. It’s just a box to tick. Big4 and MBB (CDDs) are just throwing their brand behind that ticked box

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I mean tech has to be utilized more. Pe clients are asking for less and less time and tbh over the last 5 years cared less and less about quality.in the current market they are being far more diligent.

I think now is a great time to begin testing new tools for diligence.

I domt think this js where you want to be for long in your career. Yes its great to get some diligence under your belt, but you definitley learn the bulk of the skills quicker than in other strategy engagements.

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Agreed

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F doesn’t stand for financial

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