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+1. Also a founder of an $XB fintech. Exact same story. Patrick + John dangled an acquisition to get a look inside, and ended up re-trading on the terms. Then p

+1. Also a founder of an $XB fintech. Exact same story. Patrick + John dangled an acquisition to get a look inside, and ended up re-trading on the terms. Then proceeded to target 2 of our team members to recruit. Fast forward a few years, and now they have deployed a team to directly copy one of our products. Amongst their L2 team, Patrick and Will are described as the "killers". I guess maybe a bit of duplicity is required to build a company of that size...

kadomony 5y ago
This sounds like typical tech infighting, sadly. We shouldn't normalize this stuff, but we do. I really hope more companies hold their leaders to a governing, conscious culture that they actually follow themselves.
- quaesitor 5y ago
  > typical tech infighting > We shouldn't normalize this stuff You literally normalized it in your comment.
  - kadomony 5y ago
    Umm.. No? I think you're inferring one thing when I meant another. I'm saying that this SHOULD NOT be "the typical". Read the entire sentence, please: "We shouldn't normalize this stuff, but we do." And please don't write condescending, inflammatory remarks. It offers nothing.
  - djbusby 5y ago
    Maybe they saying it's already the pattern and want to not continue it? (Like, if we read the comment in best light like guidelines say). And, Stripe has lied to me as well but it was a small issue.
    - kadomony 5y ago
      You read the correct message here. Thank you.
  - JohnHaugeland 5y ago
    Saying "typical" does not normalize something. By example, if I walk through a maximum security prison with no power, holding ten pounds of cocaine, typically I will get murdered. This doesn't mean that murder is a thing we should consider to be normal. Typical is about commonality. Normal is about evaluation of decency. Consider most topics in a theater of war to see the stark difference between what is common and what is decent.
bluepirate 5y ago
That's sad. Sorry that happened to you. I hope you guys are still moving forward and building.
- deleted 5y ago
  [deleted]
LogonType10 5y ago
+2. Founder of $XXB fintech. I had heard rumors about their shady practices, but I was young and dumb and was excited by the prospect of an acquisition (good thing it never materialized, in hindsight). Patrick has a proven history of using this ploy to just get more information on sensitive assets. After a couple months of talks with Patrick I found out my wife was having an affair with him. I've sent email after angry email asking him why, why he passed up my company and didn't have the decency to tell me he chose a better candidate, but have never gotten a response. I don't even want an apology, I just want Patrick to admit that he fucked my wife.
- dang 5y ago
  Gross. We've banned this account. Please don't create accounts to break HN's rules with. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
- deleted 5y ago
  [deleted]
wbharding 5y ago
As much as the parent comment strained credibility, this double-down (posted exactly 10 minutes after the original) breaks it. Seriously, how many $XB fintech founders are out there, waiting to tell their salacious tales about one of the most transparent and accountable individuals on HN? It's OK, come out $XB fintech founders, it's safe for your temp accounts here...at least until the moderators get here and start checking the IP addresses.
- donkleberry2 5y ago
  I mean considering blockchain I think it’s a safe bet there’s a lot more $XB fintechs than you seem to think. Technically X can be 1, mind you Note that I did not say whether this was a good or bad thing, I just think you’re overthinking billion dollar fintech startup scarcity given a single bitcoin is basically a billion dollars. Those folks are also more likely to identify themselves as fintech during an introduction in my experience, and Stripe undoubtedly plays in the crypto pool, so it fits
  - bryan0 5y ago
    > Technically X can be 1 Why restrict ourselves to positive integers here? Hell everyone can be an $XB fintech founder!
    - zibzab 5y ago
      I have always wanted to ask this: Is zero a positive number? And do we always round up? - Possible owner of a mildly successful $xT company.
      - OJFord 5y ago
        Usage varies, there are a few notations for specifying whether the set of natural numbers/positive integers includes zero when it matters. 'Always round up' sounds more like the ceiling function (or ceil•abs) - usually rounding means to the nearest integer, or whatever we're rounding to.
      - 5y ago
spitfire 5y ago
You were brain raped. Bill Gates was famous for this. There was even a Silicon Valley episode about the practice.
- danrocks 5y ago
  This sounds painful.
- cto_of_antifa 5y ago
  Yikes
- sneak 5y ago
  Good thing ideas aren't property. What a lame business landscape that world would have!
sjtindell 5y ago
There are so many founders of $XB fintechs in this thread, I want to start one! Thanks for sharing.
- davidwritesbugs 5y ago
  X = 0.000001B$ Your side gig qualifies.

kadomony 5y ago

This sounds like typical tech infighting, sadly. We shouldn't normalize this stuff, but we do. I really hope more companies hold their leaders to a governing, conscious culture that they actually follow themselves.

quaesitor 5y ago
> typical tech infighting > We shouldn't normalize this stuff You literally normalized it in your comment.
- kadomony 5y ago
  Umm.. No? I think you're inferring one thing when I meant another. I'm saying that this SHOULD NOT be "the typical". Read the entire sentence, please: "We shouldn't normalize this stuff, but we do." And please don't write condescending, inflammatory remarks. It offers nothing.
- djbusby 5y ago
  Maybe they saying it's already the pattern and want to not continue it? (Like, if we read the comment in best light like guidelines say). And, Stripe has lied to me as well but it was a small issue.
  - kadomony 5y ago
    You read the correct message here. Thank you.
- JohnHaugeland 5y ago
  Saying "typical" does not normalize something. By example, if I walk through a maximum security prison with no power, holding ten pounds of cocaine, typically I will get murdered. This doesn't mean that murder is a thing we should consider to be normal. Typical is about commonality. Normal is about evaluation of decency. Consider most topics in a theater of war to see the stark difference between what is common and what is decent.

bluepirate 5y ago

That's sad. Sorry that happened to you. I hope you guys are still moving forward and building.

deleted 5y ago
[deleted]

LogonType10 5y ago

+2. Founder of $XXB fintech. I had heard rumors about their shady practices, but I was young and dumb and was excited by the prospect of an acquisition (good thing it never materialized, in hindsight). Patrick has a proven history of using this ploy to just get more information on sensitive assets. After a couple months of talks with Patrick I found out my wife was having an affair with him. I've sent email after angry email asking him why, why he passed up my company and didn't have the decency to tell me he chose a better candidate, but have never gotten a response. I don't even want an apology, I just want Patrick to admit that he fucked my wife.

dang 5y ago
Gross. We've banned this account. Please don't create accounts to break HN's rules with. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
deleted 5y ago
[deleted]

wbharding 5y ago

As much as the parent comment strained credibility, this double-down (posted exactly 10 minutes after the original) breaks it. Seriously, how many $XB fintech founders are out there, waiting to tell their salacious tales about one of the most transparent and accountable individuals on HN? It's OK, come out $XB fintech founders, it's safe for your temp accounts here...at least until the moderators get here and start checking the IP addresses.

donkleberry2 5y ago
I mean considering blockchain I think it’s a safe bet there’s a lot more $XB fintechs than you seem to think. Technically X can be 1, mind you Note that I did not say whether this was a good or bad thing, I just think you’re overthinking billion dollar fintech startup scarcity given a single bitcoin is basically a billion dollars. Those folks are also more likely to identify themselves as fintech during an introduction in my experience, and Stripe undoubtedly plays in the crypto pool, so it fits
- bryan0 5y ago
  > Technically X can be 1 Why restrict ourselves to positive integers here? Hell everyone can be an $XB fintech founder!
  - zibzab 5y ago
    I have always wanted to ask this: Is zero a positive number? And do we always round up? - Possible owner of a mildly successful $xT company.
    - OJFord 5y ago
      Usage varies, there are a few notations for specifying whether the set of natural numbers/positive integers includes zero when it matters. 'Always round up' sounds more like the ceiling function (or ceil•abs) - usually rounding means to the nearest integer, or whatever we're rounding to.
    - 5y ago

spitfire 5y ago

You were brain raped. Bill Gates was famous for this. There was even a Silicon Valley episode about the practice.

danrocks 5y ago
This sounds painful.
cto_of_antifa 5y ago
Yikes
sneak 5y ago
Good thing ideas aren't property. What a lame business landscape that world would have!

sjtindell 5y ago

There are so many founders of $XB fintechs in this thread, I want to start one! Thanks for sharing.

davidwritesbugs 5y ago
X = 0.000001B$ Your side gig qualifies.