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I would like to see "keeping investors informed" as part of the honesty thing. I've had a few YC founders dissapear without so much as a "we're shutting down."
by joshu 13y ago
I would like to see "keeping investors informed" as part of the honesty thing. I've had a few YC founders dissapear without so much as a "we're shutting down."
- rdl 13y agoFold that into the "spend money for the unique benefit of the company"? A lot of these really fall into "fiduciary responsibility", but a more 20-year-old accessible statement of that would be ideal.
- joshu 13y agoI don't think anyone absconded with anything. The company legitimately gave up the ghost. An email explaining it and then shutting down the company so I can take my losses would be nice, though.