Back-channel reference
A reference conversation with someone who knows a person but was not suggested by them.
Example
Speaking to a founder's former direct report found through a mutual contact.
Important
Look for patterns across several references, and protect the person's confidentiality.
Related terms
- Reference check — A conversation with a customer, supplier, former employee or prior counterparty who has no stake in whether the transaction completes.
- Selection bias — Any situation where the sample in front of you was not assembled in a way that represents the whole population, so conclusions drawn from it do not generalise.
Lessons that explain it
All 578 terms in the Investing glossary