This Could Save You From Being Sued! 👀

Investors can sue you for gross negligence. If you are not being a fiduciary of investor capital and you're being whimsical about this whole thing, like, this is a serious job. You are managing people's hard-earned money. Why is it important to do an investment memo? You are codifying your decision process. You get called into that big office, he says, show me why you made this decision. You have all the reasons why. You have your pro formas, You've got your notes. We liked it because of X, Y, and Z. This was one of the risks we acknowledged, but we still decided to move forward. It's your best insurance policy, so every one of you should be doing that.