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Ah, the delightful Nikita Bier is featured as a success story using this tool. I was in a business incubator with this guy, he was the biggest scammer I have ev
by throwaway1o24 2y ago
Ah, the delightful Nikita Bier is featured as a success story using this tool. I was in a business incubator with this guy, he was the biggest scammer I have ever met. He took hundreds of thousands of money from the Knight Foundation for a business he never planned to build. Scrapped the company, then sold a bunch of addictive teen apps to Facebook
- bier 2y agoSome corrections to your claims: - Knight Foundation invested $120,000 as a convertible note - They received 2.75x return on their investment - The entity stayed the same between pivots: the company was never "scrapped"