Slightly major fuck up on the deal I'm on!
Folder on the VDR with a bidder's name was enabled to all bidders by accident and with security settings changed immediately afterwards. Checking with the VDR provider whether notifications were sent out, but this is going to take 24-48 hours. Have not heard anything from other parties regarding this (was approx. 5 hours ago).
Wondering if anyone has been in a similar situation (i.e. bidder being exposed to other bidders)? Seems like an offence that would get you fired. Wondering if I should pre-empt this when I head into work tomorrow and hand my notice in immediately.
Check everything before you hit send. Shit happens. I would probably raise the issue before it is raised to you.
My immediate plan of action is to wait and see if notifications were sent to all parties from the VDR provider. If they weren't, I will be very lucky. Should I still raise it?
Kind of serious – I'd personally raise it to (somewhat) cover my own ass before I get it handed to me on a platter. People have been fired for less, meanwhile others understand that mistakes happen. Idk your situation w/ your team, and coincidentally enough I read a post here on WSO the other week about an identical situation someone else had. Don't exactly remember details, but good luck homie. Only you know what's best here to do.
RIP
Honesty is the best policy when it comes to something like this. Everyone fucks up but not everyone tries to cover it up/lies about it. One of the other analysts sent a confidential internal document to someone outside the firm, and immediately told the MD and they figured out a solution. It was way better than if he had tried to cover it up.
Agree - raise it immediately and then you won't be fired.
As an update to this, confirmed with our VDR provider that no notifications were sent to the wrong parties, so the bidder was not outed.
Should I still own up?
Ut praesentium vero sit. Occaecati qui vel minus quo. Voluptates quis facilis nihil excepturi. Voluptate non similique perspiciatis dolor occaecati suscipit qui omnis. At omnis quidem sed consequatur.
Quaerat laboriosam qui ut tempore. Aspernatur delectus veritatis tempora.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...