[thr0w]

We sound similar, I've had some adventures on AngelList. Made an absolute killing, back when that was possible.

My total lifetime "ate it" figure is only $2k, and even that one the client kind of eventually offered to pay, but I just let it be because I wanted to put as much distance between myself and them for other reasons.

Best advice in the article? "Trust your gut". If something feels vaguely off, I walk away immediately. I can see those non-paying incubators coming a mile away. Biggest indicator beyond gut: do they have existing contractors who seem happy? Ask them pointblank if they're getting paid. Easy as that. And of course, if they are paying you, but then stop paying you, or delay paying you, then stop work immediately.

Agree, YC founders are the worst type of person.