>>All kinds of shady stuff happens to these investments on life support, like kicking back money to the VC, paying for "business" travel for the VC, yadda yadda

>>All kinds of shady stuff happens to these investments on life support, like kicking back money to the VC, paying for "business" travel for the VC, yadda yadda. The founders have no incentive at all to talk about it, since they need to get money for the next idea and it's all a reputation thing. Pleased to see someone bring this up. I've seen those things and more happen in my time in the startup community.