Ask HN: Owed Salary, Founder Rebranded
The short version of the story: I was a key engineer in a small startup. Towards the end of the startups life, the founder was involved in some sketchy business dealings with money. The other few employees and I worked IOUs for the final months while "promised money" was being wired, but never came. When I left, I was owed about $15k in salary. The startup is still in business with the state and re-filed their business information as "active." Recently, the founder started a new startup in the very same space, with the same mission statement as the old startup. I suspect he is using much of the same code, as we had basically a completed product before I left the old startup. It would take years to rewrite from scratch without re-using the old code. It seems that he is letting the old startup die, while using work that he never paid for power his new venture and raise
Why it failed
The short version of the story: I was a key engineer in a small startup. Towards the end of the startups life, the founder was involved in some sketchy business dealings with money. The other few employees and I worked IOUs for the final months while "promised money" wa
- Kind
- startup
- Status
- Shut down
- Inventor
- daenz
- Ended
- 2020
- Source
- hackernews