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The opportunity cost involved in "hiding" might make this a bad deal though. The author was involved in doing above-board consulting work and planning his next
by wanorris 15y ago
The opportunity cost involved in "hiding" might make this a bad deal though. The author was involved in doing above-board consulting work and planning his next startup.
I would expect that taking legal employment under your own name makes you relatively findable. Worse, recruiting investors for a startup is likely to be much more difficult if they perform due diligence on you and discover that you have a history of running away from creditors.
Of course, even worse than that is that the author planned his moves carefully in advance. While running off when you owe too much money isn't the best move, planning to run away from your debts might well be prosecuted as fraud.