A recent question sent to Ask the VC asks about whether VCs will fund three people starting a company that directly competes with their current employer and pays the three co-founders in the 150-170K range (because "they have families to support and mortgages to pay"). Are they crazy? Who wouldn't want to invest in some unethical spendthrifts?

Posted by JoshC at July 5, 2007 10:35 PM

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