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"in a startup if you can be legally screwed out of your money, you will be." That is a (dark) awesome quote.
by SparksZilla 8y ago
"in a startup if you can be legally screwed out of your money, you will be."
That is a (dark) awesome quote.
- ryandrake 8y agoNot just in startups. This is true for any transaction or business agreement (including plain vanilla employment) where your counterpart enjoys a massive information and power advantage over you.
- pc86 8y agoI don't think any information or power disparity is required for this. If someone (person, or company, or government) can legally get money out of you, or pay you less, they will. Just like if you had an opportunity to leave your company and take $10,000 or $100,000 with you, it's hard to imagine two identical scenarios where you take the smaller amount.