Ask YC: Ethical Question, possible fraud
Background Info: I am a coder at an angel backed startup.. we have a couple paying customers and a handful of full time employees including a few founders. I started a few months ago after i saw an ad for the job, I did not know the founders previously, the company has been around for about 2 years. We sell software to fairly large corporations. Ethical Dilemma: The past couple weeks, I have overheard the founder of the company exagerrate/lie about key facts of our company to potential customers. ie. claiming that we have 20 customers worldwide. claiming the we have multiple offices. and 2-3 times the employees that we actually have. claiming that certain parts of the software are in use by other customers when these parts have never been used in production.. not positive about this but possibly misrepresenting investment incoming money as sales in financial due diligence documents or at
Why it failed
Background Info: I am a coder at an angel backed startup.. we have a couple paying customers and a handful of full time employees including a few founders. I started a few months ago after i saw an ad for the job, I did not know the founders previously, the company has been aroun
- Kind
- startup
- Status
- Shut down
- Inventor
- nobodynew
- Ended
- 2008
- Source
- hackernews