Insights
Notes from the reviewer's desk.
What a technical review actually reads in a software deal, what it flags, and how a finding turns into a deal term. Written for founders, buyers and the advisors between them.
What a technical due diligence reads, and what it does to the deal
A reviewer's guide for buyers and advisors: the six layers of a software company, the evidence behind a finding, how findings are rated, and how they reach the terms of a deal.
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Nov 10, 2026
Who will buy your software company, and what their technical review looks forA reviewer's guide for founders and their advisors: how strategic acquirers, private equity platforms, add-on buyers and independent operators read the same technology, and how to prepare for all of them at once.
Selling
· 10 min Nov 10, 2026 Due diligence on a product written largely with AIFor buyers and investors: what changes in a technical review when much of the code was generated, how a reviewer tells careful AI-assisted work from code nobody checked, and what the findings mean for the deal. AI
· 11 min Nov 10, 2026 Carve-outs: the systems a business shares with its parentA reviewer's view for buyers, sellers and advisors: how shared systems are found, what must be separated before closing, what can run under transition services, and how to price and schedule the separation. Buying
· 11 min Nov 10, 2026 An aging platform inside an acquisition targetHow an independent reviewer reads a business that runs on an old e-commerce platform version, framework or runtime: support status, patches, extensions, hosting, the routes forward with their costs, migration risk, and how it reaches the deal. Due diligence
· 11 min Nov 10, 2026 What a well-built product looks like to a reviewerNine signals that a system was built to last, the evidence that confirms each one, and why a technical due diligence report should state strengths as plainly as it states findings. Due diligence
· 11 min Nov 10, 2026 A technical baseline before the bankerSix to eighteen months before a sale, the technology is still yours to change. Here is what a baseline covers, how to choose what to fix and what to disclose, and how an exit readiness program runs month by month. Selling
· 11 min Nov 10, 2026 The technology claims in your sale document, read by the reviewer who will test themWhat a buyer's technical reviewer asks for when a memorandum says proprietary, scalable, secure or SOC 2 ready, what usually breaks each claim, and wording the evidence can support. Selling
· 11 min Nov 10, 2026 Technical checks before you buy a small software companyWhat a searcher or independent buyer can check before the letter of intent, what to ask for in the first week of exclusivity, and how to size the review to a small deal. Buying
· 11 min Nov 10, 2026 How technical debt is measured and put into a dealA reviewer's view for buyers, sellers and advisors: what a usable debt finding looks like, which debt matters in a deal, how it becomes a cost range, and when it belongs in the price or in the plan. Due diligence
· 11 min Nov 10, 2026 The technology behind the SaaS numbersRecurring revenue and gross margin are what a buyer pays for. A technical review checks whether the product, the infrastructure and the people behind it can keep producing those numbers after closing. Due diligence
· 11 min Nov 10, 2026 Key-person risk in the technology: what a reviewer looks forHow much of the system lives in one or two heads, how a technical reviewer finds out, how it is rated, and what a seller can do about it before a sale. Due diligence
· 11 min Nov 10, 2026 AI tools in technical due diligence: what they can and cannot doA view from the reviewer's desk for buyers and advisors: which parts of a technical review a model speeds up, which parts it gets wrong, and how to read a report produced with its help. AI
· 11 min Nov 10, 2026 Ownership gaps that stop a software dealA buyer pays for what the company controls and can hand over. Here is which gaps stop or delay a deal, how a reviewer checks control, and what has to move between signing and closing. Ownership
· 10 min Nov 10, 2026 AI diligence: is it a product or a wrapper?A buyer's playbook for an AI-powered software company: what to read, what to ask management, and which answers should change the price or the purchase agreement. AI
· 10 min Nov 10, 2026 The technical section of the data room, from the reviewer's deskWhat a buyer's technical reviewer opens first, what each document has to prove, and how to stage the section so it earns trust instead of questions. Data room
· 11 min Nov 10, 2026 The diligence report is the first draft of your 100-day planHow a buyer sorts technical findings into time windows before closing, from accounts that must change hands to the items for the first year, and how to tell a finished fix from a status update. Buying
· 11 min
· 10 min Nov 10, 2026 Due diligence on a product written largely with AIFor buyers and investors: what changes in a technical review when much of the code was generated, how a reviewer tells careful AI-assisted work from code nobody checked, and what the findings mean for the deal. AI
· 11 min Nov 10, 2026 Carve-outs: the systems a business shares with its parentA reviewer's view for buyers, sellers and advisors: how shared systems are found, what must be separated before closing, what can run under transition services, and how to price and schedule the separation. Buying
· 11 min Nov 10, 2026 An aging platform inside an acquisition targetHow an independent reviewer reads a business that runs on an old e-commerce platform version, framework or runtime: support status, patches, extensions, hosting, the routes forward with their costs, migration risk, and how it reaches the deal. Due diligence
· 11 min Nov 10, 2026 What a well-built product looks like to a reviewerNine signals that a system was built to last, the evidence that confirms each one, and why a technical due diligence report should state strengths as plainly as it states findings. Due diligence
· 11 min Nov 10, 2026 A technical baseline before the bankerSix to eighteen months before a sale, the technology is still yours to change. Here is what a baseline covers, how to choose what to fix and what to disclose, and how an exit readiness program runs month by month. Selling
· 11 min Nov 10, 2026 The technology claims in your sale document, read by the reviewer who will test themWhat a buyer's technical reviewer asks for when a memorandum says proprietary, scalable, secure or SOC 2 ready, what usually breaks each claim, and wording the evidence can support. Selling
· 11 min Nov 10, 2026 Technical checks before you buy a small software companyWhat a searcher or independent buyer can check before the letter of intent, what to ask for in the first week of exclusivity, and how to size the review to a small deal. Buying
· 11 min Nov 10, 2026 How technical debt is measured and put into a dealA reviewer's view for buyers, sellers and advisors: what a usable debt finding looks like, which debt matters in a deal, how it becomes a cost range, and when it belongs in the price or in the plan. Due diligence
· 11 min Nov 10, 2026 The technology behind the SaaS numbersRecurring revenue and gross margin are what a buyer pays for. A technical review checks whether the product, the infrastructure and the people behind it can keep producing those numbers after closing. Due diligence
· 11 min Nov 10, 2026 Key-person risk in the technology: what a reviewer looks forHow much of the system lives in one or two heads, how a technical reviewer finds out, how it is rated, and what a seller can do about it before a sale. Due diligence
· 11 min Nov 10, 2026 AI tools in technical due diligence: what they can and cannot doA view from the reviewer's desk for buyers and advisors: which parts of a technical review a model speeds up, which parts it gets wrong, and how to read a report produced with its help. AI
· 11 min Nov 10, 2026 Ownership gaps that stop a software dealA buyer pays for what the company controls and can hand over. Here is which gaps stop or delay a deal, how a reviewer checks control, and what has to move between signing and closing. Ownership
· 10 min Nov 10, 2026 AI diligence: is it a product or a wrapper?A buyer's playbook for an AI-powered software company: what to read, what to ask management, and which answers should change the price or the purchase agreement. AI
· 10 min Nov 10, 2026 The technical section of the data room, from the reviewer's deskWhat a buyer's technical reviewer opens first, what each document has to prove, and how to stage the section so it earns trust instead of questions. Data room
· 11 min Nov 10, 2026 The diligence report is the first draft of your 100-day planHow a buyer sorts technical findings into time windows before closing, from accounts that must change hands to the items for the first year, and how to tell a finished fix from a status update. Buying
· 11 min
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