Strong piece on the due diligence failure here. The $20M DoorDash payable is especially revealing about ACI's cash flow issues being masked pre-merger. This reminds me of similar collapses in the space where operational deficits get papered over with carrier credit until the whole thing implodes.
Strong piece on the due diligence failure here. The $20M DoorDash payable is especially revealing about ACI's cash flow issues being masked pre-merger. This reminds me of similar collapses in the space where operational deficits get papered over with carrier credit until the whole thing implodes.