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If the founders committed outright fraud, they should be punished, of course. But the burden of proof for accredited investors claiming fraud should be pretty d
by staunch 6y ago
If the founders committed outright fraud, they should be punished, of course. But the burden of proof for accredited investors claiming fraud should be pretty damn high.
Accredited investors are granted the privilege of investing in risky businesses, and it's only reasonable that they should also have to pay the price when those businesses fail for almost any reason.
They can't have it both ways.