2min chapter

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IRL to shut down after faking 19M users, ZIRP fraud, Databricks acquires MosaicML for $1.3B | E1768

This Week in Startups

CHAPTER

How to Deal With Downstream Investors

The fact that somebody would like put in such a large amount of money and not do basic issue, that's the issue is really the issue here. Because there's nothing really there. I mean, there are things on our diligence. We, I'll give you a launch does diligence, even for seed stage. And we'll even do it like in our accelerator. What we tell our founders is, Hey, we're going to do a diligence process because we want you to understand the diligence process with downstream investors.

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