Lesson Learned
Daniel Tunkelang

This was terrible for the employees and investors, if there were any, but one can hardly fault someone for agreeing to advice a startup and its founders. I assume only a small number end up committing fraud? Without people taking a chance on someone they’ve just met, the startup ecosystem would hardly thrive especially when 3 in 4 (or possibly as many as 9 in 10) end in failure. And kudos to Daniel for being public about what turned out to be an unfortunate assocation.

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