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Step 1. Don't mislead or make promises you can't keep to investors because you're basically "married" to them. It sounds like someone wanted to have it both wa
by magic_smoke_ee 2y ago
Step 1. Don't mislead or make promises you can't keep to investors because you're basically "married" to them.
It sounds like someone wanted to have it both ways after signing a convertible note with a promise that it would convert but instead decided they wanted to keep it as a loan. Uncool if true. Don't make speculative predictions or make promises you can't keep.
- programmerpass 2y agoThe CNBC piece omits details that other coverage has: “The trial resulted in jurors finding that while Toptal did everything of significance it was required to do under its contract with Grosz, Grosz had breached the contract, harming Toptal.” Source: https://www.law.com/2023/11/13/latham-nets-freelance-platform-16m-at-nevada-trial-over-contract-dispute/ https://www.law.com/2023/11/13/latham-nets-freelance-platfor... Bloomberg also has an article stating that the jury evaluated fraud and breach against Toptal, which Grosz lost. If Toptal did “everything of significance” and was found not liable for fraud or breach, then the jury concluded that Toptal did not mislead him or do anything wrong.