News for hackers. Stuff that matters.
Re:Show HN: I built a website to create financial models for... by davedx on Saturday May 18, 2024 @10:55AM (#40399534)
That doesn't surprise me at all, I've heard it's the same in private credit. I think a lot of the initial ground work that's done in due diligence and modelling is more to flush out any red flags than to inform the investment decision itself, and a model is only as good as its assumptions anyway...
Re:Show HN: I built a website to create financial models for... by fakedang on Saturday May 18, 2024 @12:21PM (#40400137)
Spot on. We used a bunch of screening processes to mine opportunities, then use models to weed out the duds, or to buttress our investment thesis before presentation to the MDs.