Wow - I can see why Paul Graham at one point talked about how exploring an acquisition can kill a company. Even at the "preliminary diligence" stage, a small company will have invested at least a month of the founder's time AND basically given away the keys to the kingdom - all their schemas, processes, customer lists, and contracts.
I know there would be non-disclosures in place, but it's easy to imagine a company less scrupulous than Gitlab basically cratering a potential competitor without the resources to go after them in court.
I know there would be non-disclosures in place, but it's easy to imagine a company less scrupulous than Gitlab basically cratering a potential competitor without the resources to go after them in court.