[saumil07]

Founders of early stage startups (as in, not AirBnB or Square or other companies clearly in torrid scaling mode) heading to Vegas frequently on chartered planes?

Yeah that doesn't scream RED FLAG at all.

I am honestly shocked at how poorly understood early stage startups really are if this is true. Any half-decent founder knows to be frugal, treat every dollar like it's their last and loses sleep over money in the bank (God knows I do and have been for 3+ years after raising $5M+).

[mathattack]

I've seen exact scam before. Young people flying on private jets with so-called hot shot young entrepreneurs, only to find all the expenses on their credit cards. There is no such thing as a free lunch.