Expert network
A set of people with specialist knowledge - operators, engineers, clinicians, lawyers - whom an investor can consult to check claims during diligence.
Example
Calling a former hospital procurement director about typical sales cycles.
Important
Protect company confidentiality and check experts for conflicts of interest.
Related terms
- Independent verification — Confirming a claim against a source that was not produced by, and has no stake in, the transaction - a bank statement, a public register, a counterparty, a regulator.
- Confidentiality — The obligation not to disclose or use information learned in one relationship for another purpose.
Lessons that explain it
All 578 terms in the Investing glossary