alt Hacker NewsI was half-joking, but if YC has a legal issue resulting from the alleged fraud (unclear currently), kicking out the company for the lesser infraction would make more sense.
I was half-joking, but if YC has a legal issue resulting from the alleged fraud (unclear currently), kicking out the company for the lesser infraction would make more sense.
Investors aren't on the hook for the bad behavior of companies they invest in. Quite the opposite: Defrauding investors (and acquirers, and creditors) is commonly the thing that lands people like Elizabeth Holmes in prison.