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by jacquesm 2006 days ago
> You can strategically answer any question.

Good luck with that.

We do exactly that for a living here, we're essentially 5 people who are all CTO grade and have run our own companies. If you can fool us for a whole day you've deserved your investment, but I highly doubt anybody ever got away with that.
1 comments
qz2 2006 days ago
There’s at least two layers of indirection and yes I probably could fool you or just blatantly lie.
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jacquesm 2006 days ago
Good for you, it's been tried but so far without success. Maybe you're the exception but I highly doubt that. Arrogance on my part, for sure, but the record on my end speaks for itself (170+ companies looked at to date) and you are an AC.
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qz2 2006 days ago
My house was paid for by someone who was that arrogant :)
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jacquesm 2006 days ago
Oh, so you're a fraudster. No wonder you keep your account anonymous here. Well, good for you. I prefer to go the long way though.
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FpUser 2006 days ago
Companies are lying to each other and to customers on a regular basis. Most of those lies are framed in a certain way and are not fraud from a legal point of view (the one where you go to jail).
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jacquesm 2006 days ago
The context we're talking about here: acquisition or investment there is a duty to research and a duty to inform, the two should theoretically meet in the middle, there is always some give and take but that's the basic idea. Failing your duty to inform is very close to fraud and in many cases crosses right over into fraud. This can get you in very hot water depending on the jurisdiction and the willingness of the counterparty to sue. Typically such cases are settled out of court, the settlements are usually not small and could easily cost you control of the company.

Most parties are aware of this and will do their very best to avoid going down that road, the few idiots that don't usually end up in a bad way though some may get lucky.

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qz2 2006 days ago
Absolutely not. I was merely an engineer telling truth to the management staff. This taught me a rather large lesson that it’s more about the person’s integrity passing the facts on than the convenience of the facts or the reality of the facts themselves.

I hold myself to a far higher standard than my former employers.

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jacquesm 2006 days ago
Then your comment above doesn't make any sense.
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