3 ms·
This is tragic, but misguided. I was sued for $55MM this year after my (now former) business partner lost $5MM to Vietnamese mafia which triggered a loss for a
by ada1981 6y ago
This is tragic, but misguided.
I was sued for $55MM this year after my (now former) business partner lost $5MM to Vietnamese mafia which triggered a loss for a customer.
Was crazy, but I took a deep breath and realized worse case was personal bankruptcy if they pierced the LLC.
The worse case scenario for this kid would have been 7 years of bad credit (had he lost $750k).
There were some deeper things going on in his life and family system that no one is talking about.
Oh, I ended up selling my position to my partner, getting indemnified and walking away with a few hundred grand (some still be to paid). It was super stressful, and I’m really grateful I’ve learned how to process painful experiences (I work as a mindset coach to billionaire tech founders).