[Tichy]

"For almost two years they had been personally liable for what me and my friends were up to."

I don't understand this part. Shouldn't the investors have seen the insurance through themselves? It seems mad to rely on other people for that kind of thing. Sure it would have been nice for the startuppers to organize it, but really, it's a no-brainer that for such things you have to organize it yourself (because the people tasked with it have no real stake in it).