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satvikpendemlast Sunday at 11:29 PM1 replyview on HN

> Have you ever actually worked in a start up?

Yes, many in fact. We negotiated the terms up front and if I didn't like them then I went with another offering company. I never had deals change from under me, maybe you're some Eduardo Saverin but I'm not. That you got screwed for not doing your due diligence doesn't mean everyone does. I'm not sure what is immoral, unethical, or unfair about that when again no one is forcing you to work at any particular company or even startups, or even in the tech industry. There are lots of jobs you can do.


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lkjdsklflast Monday at 4:00 AM

> I never had deals change from under me

I sincerely doubt this. If your start up went through a funding round, the deal changed.

> That you got screwed for not doing your due diligence doesn't mean everyone does.

“Due diligence” is impossible because the negotiation is asymmetrical. You can’t know what their actual exit plan is. You can’t know what their financials look like. You can ask. They can lie.

> I'm not sure what is immoral, unethical, or unfair about that when again no one is forcing you to work at any particular company

No one forced people to invest in Enron. I guess it was ethical. No one was forced to invest were Bernie Madoff. I guess it was ethical.

Just because you aren’t forced to invest your time/money somewhere doesn’t mean they can’t take advantage of you

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