Redflag in a company
**Heyy!!**
**I'm a teen student currently trying to learn the basics of financial analysis and corporate finance. I spend a lot of time reading about how Private Equity funds evaluate companies, but textbooks mostly talk about clean spreadsheets and ideal scenarios.**
**I’m curious about the real-world side: when you are reviewing a target company's initial pitch deck or financials, what is the most common red flag or fatal flaw that makes you instantly drop the file?**