Tristan WilsonCEO & Founder at Edgevanta

Before We Submitted This $300M Bid, Every Question on This List Had to Be Answered Yes

5 Sept 2026 · 1 min

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An executive walks through the 14-15 critical criteria the leadership team required before submitting a $300 million bid. Every question on the single-page checklist had to be answered yes, or they would walk away from the deal entirely, even at the final deadline.

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So we came up with a list basically of, I think it was 15, 14 or 15, what we call critical criteria. And I put it together on one page and we sat down together as an executive team and basically said, we have to be able to respond to each one of these questions with a yes or an appropriate answer. And if at any time, even right up until we bid, submit the bid, one of these questions cannot be answered or it can't be answered appropriately, then we have to pull the plug on this. and we will not submit. And we actually sat down with our team and walked through that plan to make sure that everybody understood that even though it was gonna be a heck of a lot of work, we had to make sure that we stayed true to the mission, if you will, and the company's mission. And at no time would we take undue risk for the company.