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They likely thought they'd be able to front run any issues. VCs don't invest to build viable businesses, they invest to make money. You can make a lot of money
by BobbyJo 4y ago
They likely thought they'd be able to front run any issues. VCs don't invest to build viable businesses, they invest to make money. You can make a lot of money as an insider to a Ponzi scheme.
- Scoundreller 4y agoI was kinda thinking the sell to investors was that only the depositors were going to lose all their money and that suited the equity investors just fine. But seems like even that wasn’t the case.
- astoor 4y agoIf you're planning on front-running any issues, I doubt you'd put articles like that (which publicly exhibit an almost pathological lack of self-awareness) on your website.