[vinceguidry]

> They kept pushing and changing the rules. Cutting salaries, forcing us to work on their pet projects, insisting I hire less-talented programmers for cheaper, cutting timelines, reducing investment, increasing their equity, and more.

I'm curious as to the exact take-away here. The author seemed a bit naive. The investors approached him with a bad idea that has numerous potentials for conflicts of interest, and he gave in, believing verbal promises would eliminate those conflicts.

I would guess that if you want to get into the idea business, you should probably fund yourself using your own ideas and your own implementations. It's a pretty abstract business model, one that can very easily devolve into "we will do anything for anybody who will give us money". So you need a pretty strong vision and leadership skills to keep that from happening.