4 ms·
In this case it seems like he didn't have any full-time employees, so there isn't the employee issue. But I'm curious as to how this might effect investors gen
by new299 4y ago
In this case it seems like he didn't have any full-time employees, so there isn't the employee issue.
But I'm curious as to how this might effect investors generally. I assume it could make them look bad, and cause issues with the fund LPs?
I.e. you announced an investment, did a capital call and then suddenly the money gets returned. LPs might get annoyed that money is now sitting in the fund accounts collecting interest? or I guess it just makes the fund look bad generally?
- menzoic 4y agoSounds better than burning the funds into a startup failure
- jokethrowaway 4y agoThe existing investors lost money, everyone else paid in stress and overwork