Ask them, or ask someone else? Or both? (Also, in large VC firms, would every partner necessarily know about years-old lawsuits?)
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Both ideally. YC founders can of course ask YC. Because they fund so many cos, YC knows more about other investors than anyone.
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And if they say yes?
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You could ask for more details, but in my (extensive) experience of these cases, the investors are almost always in the wrong.
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will they tell? Or should founder research by own?
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I'm not sure, but if they lie they have to worry you'll find out by talking to the founders they threatened.
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true. Thanks for advice. I am new to investment and startups..I love to learn and explore.
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Whoa. Context?
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It is easy for early stage to judge investors who thought they had some downside protection when seed investors expect many zeroes.
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Isn't this a function of stage? Seed stage shouldn't, as fraud = wrong founder bet. But a growth fund who was defrauded is different.
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i used to think angels and seed funders never do this.May be i need more research.
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thanks for the tip
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how does the rest of that conversation go?
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Still seems like great advice though, as I am overly concerned with theoretical corner cases.
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thanks for the
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I think those that threatened may not answer truthfully - better vetting can be done by speaking with founders they funded who failed
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interesting.. threatened to sue for what Paul ?
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Threaten to sue so they can strong arm founder or sue due to neglect/deficiency by founder. I am guessing u r alluding to former.
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what commonly leads to this moment?
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