Did they take a large equity share with onerous terms? It seems like things were somewhat disorganized and ad hoc, though you might have missed some information

Did they take a large equity share with onerous terms? It seems like things were somewhat disorganized and ad hoc, though you might have missed some information by not attending the sessions / etc. Perhaps the program didn't fully deliver on providing a lot of value to the company, but that's certainly not unethical or fraudulent.