I Got Scammed By A Silicon Valley Startup
Penny Kim
7K422

As a start-up founder, I can see where good intentions and not knowing how to hire / fire / budget / be honest with yourself can create a fine line or balance between scamming someone and doing business the right way. We’ve definitely had investors drop out last minute and had to tell contractors last minute that we couldn’t follow through but haven’t had them start work until we knew how long our run way was. Risk is one thing… and bad business is another. Hopefully it’s a lesson learned for them about salaries, budget, hiring and investors.

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