Well I think that makes a good place to put a hard rule if you're considering investing in a startup: don't hand over a single penny unless you can see their ac

Well I think that makes a good place to put a hard rule if you're considering investing in a startup: don't hand over a single penny unless you can see their actual financials. Of course very few people are going to do this instead of just hopping on the startup bandwagon, but it's easy to not play the game.