How much diligence is enough to make a go/no-go decision on submitting an LOI?
How do you know when enough is enough before you submit an LOI? There's always one more thing you could dig into. So for those actively searching, what's your actual bar?
I work in buy-side deal support and I'm running my own search in the DMV, so I think about this constantly. Very curious how other searchers make that call.