But that&#x27;s the point: everyone believes somebody else is doing due diligence, even when it&#x27;s not actually happening. This is a huge problem today because of the &quot;party round.&quot;<p>Just look at Zirtual[1] and Amicus[2][3].<p>[1] <a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=10036321" rel="nofollow">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=10036321</a><p>[2] <a href="http:&#x2F;&#x2F;www.newrepublic.com&#x2F;article&#x2F;119350&#x2F;amicus-app-how-tech-investors-are-failing-due-diligence" rel="nofollow">http:&#x2F;&#x2F;www.newrepublic.com&#x2F;article&#x2F;119350&#x2F;amicus-app-how-tec...</a><p>[3] <a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=8082785" rel="nofollow">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=8082785</a>