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There was 0% chance of that occurring as the CEO was a total shark. You would be shocked at how much of the cap table he retained vs. all the crazy funding shen
by seibelj 6y ago
There was 0% chance of that occurring as the CEO was a total shark. You would be shocked at how much of the cap table he retained vs. all the crazy funding shenanigans that happened. Very astute player of the game, he did very well. I will invest in his future companies but never work for him again.
- eli 6y agoWhy is it ok to fund that behavior if it’s victimizing people?
- seibelj 6y agoI was an employee not a cofounder. I agreed to the terms. He will do anything to succeed. I invest money in people who succeed. That is my opinion about where I will place investments in hyper-risky early stage startups. The biggest jerk in this whole thing is the USA tax code / IRS that made me pay taxes on paper gains.
- tehlike 6y agoCan you name the company, I'm curious
- seibelj 6y agoNo, sorry. But if you want to go through all of my comment history and google my name you may be able to guess. But I will not confirm anything.