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The demonstrations

Two dossiers, opened end to end.

Most firms describe their deliverables. We prefer to open them. Here are two complete dossiers, from the threshold to the exhibits: what the chain read, what it found, what it did not establish, and the decisions that come out of it with their owners and their deadlines.

The first is written for an investment committee: a leadership team to read, ten weeks before a closing. The second is written for a chief executive: a decision of capital to investigate, twelve days before a letter of intent expires. Ten minutes of reading each, or the essentials in three — with the exhibits a finger away.