Can anyone point to any company where this has actually happened and the founders haven’t ended up in massive scandal and/or jail?https://twitter.com/udupendra/status/1064574052864425984 …
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And I think one could make some very pointed remarks about cryptocurrency in the same fashion. But the direct case, where there is actually a funds transfer between two friends and a bad faith conspiracy? No, that strikes me as much less Matt Levine-y than Matt Levine typically.
2 startups/businesses could very easily engage in this behavior by buying each other’s services? If you’re a founder of both companies, it makes it much easier? You could even do it via multiple companies in a ring fashion.
Not quite the same but I had a friend whose money got released in tranches based on certain traffic metrics, they realized they could buy the traffic for way lower than the next tranch of money and proceeded accordingly
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