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ta2121

Re:A fraudster got $12M out of a Canadian university on Wednesday October 10, 2018 @02:21PM (#18187550)
>it’ll likely pay for itself soon enough.

Thats the problem though right? "Paying for itself" means students paying higher costs which is the problem.

Seems cool. Can it handle internationalization?
What would the financial implications be if founders bought out investors like this, but then raised a larger round at a higher valuation? Does that happen? I never even considered taking on debt to buy out investors - but after seeing this it seems like a lot of high growth startup founders could position themselves well by doing so.
Was your equity vested in any case? Any insight into the sleight of hand that went on?

Ask HN: I think my company might be selling. What should I be doing to prepare?

Some recent events have led me to believe my employer is pitching the sale of our small startup. I have a small amount of equity in the company that is nearly fully vested. I know that its a long process and nothing is inevitable, but is there anything I can be doing now to be prepared for the exit in relation to my equity? I'm not concerned with being out of a job and prepping for my next gig...

( Read More... | 30 comments | 60 points | on HN )