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by mxcrossr 1842 days ago
I can’t read the comments without an account, but it seems that from the main post:

1. This company will fail

2. YC invested a lot of money in it (a room full of employees)

3. The author admits that his company lied about their sales to get investment

That seems like a bad position to be in…

1 comments

Yep. I would want to hold the CEO's passport and bank account credentials because they seem like a flight risk.

(Something similar happened to a friend of mine who lost a $300k final payment because their friend/roommate took it and fled the country.)