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31 Okt 2025
We need a word for a very specific type of founder fraud that's slowly starting to pop up:
Startup raises a lot of money far ahead of their valuation
Founders effectively "give up" but keep paying themselves generously with the cash raised versus returning money to investors
Cukup yakin pria saya @AndrewWarner menciptakan istilah 🤣 banger ini
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