Due Diligence for Transactions with Startups and Digitally Transformed Entities with a Long-Term Perspective

Abstract

Information and communication technologies started transforming the global business ecosystem at an accelerated pace since 1956 when IBM first proclaimed availability random access storage system. After about forty years from then began the Industry 4.0 era. Advents of powerful digital technologies, their evolutions, and innovative applications by startups and technology giants created both transformational and foundational impacts on business operations with superior financial performance.