throwawwr88

The thing is I've read the "deals" made on the show are not binding. Afterwards, they perform diligence.

On air, they say "I'll fund you for $500k...!" with "...after we vet everything you just pitched." being left for after the cameras are switched off.

There have been lawsuits around this that came to that conclusion. Though I may be misremembering it and am not really feeling like looking it up.

Was thinking along the "invested in dishonest person" lines as well. At the end he makes a comment about thinking she was "honest", which wasn't "proven true."

Maybe a VC should have a better pulse on the companies they're investing in? Maybe as an investor, he should go to them and ask what happened first?

Seems rather unprofessional to air dirty laundry in a one-sided way. It appears this guy is just a crappy investor, IMO.

The title should maybe read "I possibly got screwed by not keeping a better eye on my investments."