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> 2. If by some miracle the fraudulent founder does manage to "make it" before their "fake it" is discovered, well then, honestly good for them I guess. VCs ten
by khuey 2y ago
> 2. If by some miracle the fraudulent founder does manage to "make it" before their "fake it" is discovered, well then, honestly good for them I guess. VCs tend not to get too angry if you make them a ton of money.
For obvious reasons relating to perverse incentives "making it after faking it" doesn't get you out of legal jeopardy. None of Martin Shkreli's investors ultimately lost money but he still went to prison and had enormous fines imposed.