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What's worse is that investors are actually funding companies run by people who don't recognize that fraud is really bad, compliance is a pain, customer acquisi
by 7Figures2Commas 11y ago
What's worse is that investors are actually funding companies run by people who don't recognize that fraud is really bad, compliance is a pain, customer acquisition costs are high, trust is a challenge and remittances are primarily used by the unbanked.
It goes to show how much the investors know these days.
- forthefuture 11y agoNot to go too far off topic, but it's worth noting that many investors today are people who sold bags of dog shit to real companies in 1999.
- saryant 11y agoI know of a fintech startup that hired a guy who had been convicted of embezzlement at a previous company. If I could short that company...