Hacker News new | ask | show | jobs
by teoruiz 4346 days ago
I joined a startup wholly-owned by GOWEX 5 months ago. A startup that is now defunct.

I know it sounds crazy but we all believed those numbers, we were happy, money everywhere.

But from time to time one of my mental alarms would go off, and I would just ignore it. "What could possibly be wrong with this company? It's a publicly-traded company, after all."

The moral of the story is: pay attention to your instincts.

1 comments

"I know it sounds crazy but we all believed those numbers, we were happy, money everywhere.

... 'What could possibly be wrong with this company? It's a publicly-traded company, after all.'"

Sounds like we've already forgotten about Enron[1]. They seemed to be rolling in cash, were hyped by Wall Street analysts and the media, etc. How could it all have been a scam?

[1] https://en.wikipedia.org/wiki/Enron_scandal