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by mrkurt 1192 days ago
If this was just Roku money, I doubt there would be an uproar. This hit a lot of very small startups with, like, $2mm and 14 months to live. These are not sophisticated companies.
2 comments

Setting aside whether or not the due diligence is to be expected, early-stage startups are in no position to do it, so they listen to their VCs.
There's solo freelancers that run things through their LLC as well. It's not just all fat cats for sure.