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I've never been a founder of a startup, so my perspective as an employee is clearly somewhat biased. That said, I can't help but feel, that taking hundreds of
by rubicon33 10y ago
I've never been a founder of a startup, so my perspective as an employee is clearly somewhat biased. That said, I can't help but feel, that taking hundreds of thousands, if not millions of dollars, from a failing startup, should be considered fraud...
- mahyarm 10y agoThey don't do it when it's failing, because no investors would do it. It usually happens when the startup is on an upward trend. It's usually done as part of an investment round of some sort. It's not fraud, it just isn't obviously public.