Startups Anonymous Est. 2013 · Read-only archive
Confessions

I went into business with someone who had money but zero morals. The results were disastrous.

9 answers from the community

AAnonymous· Mar 24, 2014

Well, don't just leave us hanging; do tell!

...You had to have known though, that as people ascend up the money ladder, truth/morals get inversely harder to find. #RichPeopleShit101

AAnonymous· Mar 24, 2014

Yea, I feel like a lot of posts here are annoying for that very reason. They don't provide enough information; just enough to peak our interest. We can't really give a good response without knowing enough of the details.

AAnonymous· Mar 24, 2014

It's probably because to provide enough tantalizing details, they'd lose what anonymity they have.

AAnonymous· Mar 27, 2014

pique*

AAnonymous· Mar 24, 2014

Needs a blog post.

AAnonymous· Mar 24, 2014

Zero morals as in "office politics"/"sleeps with VCs" or zero morals as in "sells guns and drugs to fund company"? Don't leave me hanging like this, I'm imagining a bunch of nerdy white dudes slinging on the corner in front of the coworking space.

AAnonymous· Mar 26, 2014

lol

AAnonymous· Mar 26, 2014

Sounds like the "1 in 25" or 4% rule.

1 in every 25 individuals you know are sociopaths or have antisocial personality disorder. Since they are incapable of empathy they cannot care if you and others are hurt when they take your equity away, call a loan on a pretext just to money whip you in court. To them business is "no limit holdem", everyone is in the game of startups to take all the chips, their competition are the other companies in the space AND .....His cofounders.

@kaffegeek

AAnonymous· Mar 26, 2014

That's a lesson learned the hard way myself.

Don't enter a marriage or a business partnership if you don't trust the other person.