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by justaguyhere
2382 days ago
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It might be better to have higher/stricter standards than suing them after the collapse. For example, some rules around how much of the raised money they are allowed to spend on advertising, forcing them to post monthly financial statements (so any money mismanagement is caught early) etc - something like that. This might improve the quality of companies attempting such projects. Litigation is expensive - plus, 150K isn't that big of an amount in the larger scheme of things. This isn't Theranos level fraud, assuming it was a fraud and not just incompetence/inexperience |
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