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Scammed By A Silicon Valley Startup

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Re: Scammed By A Silicon Valley Startup

#14
Welcome to the club. It's pretty much a rite of passage here to spend some time with a psychopath VC, a completely self absorbed CTO with a rich investor dad that fuels his fantasies, or an idiotic CEO with an ego problem, and to pay the price for it (just time if you're lucky, time+money if you're not).

I've encountered this myself several times (down to the CEO using hire fast fire fast as a mantra), and judging from my friends' stories, most people have or will. When there are large amounts of money at stake, I guess it makes sense for charlatans and sharks to flock.

There are very few ways to tell accurately from the outset at first who's going to screw you over - I've heard horror stories of the sort from friends at startups backed by high profile entities like YC, famous startups that are often in the media for being "the best places to work at", companies with celebrity founders who have reputations for being "the nicest guys in the world", etc.

It's the kind of thing that you can only learn through a few painful experiences, I think. You do learn your lessons: never pay in advance for anything, don't put your own savings or core livelihood on the line for someone else's dreams, get everything in writing, talk to former employees of a company/colleagues of a founder before getting involved, never ever assume that what you have is anything more than an employer/employee relationship, etc.

I have to say that I'm impressed by how the poster handled it - keeping documentation, filing wage claims, etc. - the only thing she could have done better was not staying on so long when she wasn't getting paid, but it's an understandable mistake when you're in the moment.

I for one am glad I learned my lessons at 22 rather than at 45 with a family to care for and a mortgage to pay. The upside is that there are plenty of genuinely nice, passionate people - when you find them, stay close to them.

Re: Scammed By A Silicon Valley Startup

#15
Wow, that whole tale of woe is giving me flashbacks to a startup game studio I worked at once upon a time. They never resorted to outright fraud in the 'lets not pay them, but say we did' sense but there was plenty of the other sketchy behaviour.

Re: Scammed By A Silicon Valley Startup

#17

https://www.linkedin.com/company/jobsonic ?

Yep. Looks like it's now called "1for.one". Their CEO has a stock photo on LinkedIn and owned a mining corp.

I think 1for.one is the old name, then they changed it to jobsonic and, more recently, to wrkriot.com.

Re: Scammed By A Silicon Valley Startup

#18
Interesting, because I saw a very similar scenario play out at the very first job I had after college. A coworker's paycheck was delayed then when the check did arrive it bounced. Coworker complained to CEO. Coworker was then fired. As a sibling comment says: this kind of thing happens often enough that everyone has seen it at least once.

Definite bonus points for the fake wire transfer receipts though. Above and beyond!

Re: Scammed By A Silicon Valley Startup

#19

Earlier quoted context omitted.

jobsonic.com = expired squarespace site...

On crunchbase they are now wrkriot: http://www.wrkriot.com/team-1/

Yep. Just looked at the Wrkriot Facebook page. Previous posts have the old name... and the Spongebob memes

Re: Scammed By A Silicon Valley Startup

#20

Isn't the photoshopped wire transfer literally outright criminal fraud? The government should move fast and break him.

> Isn't the photoshopped wire transfer literally outright criminal fraud? The government should move fast and break him.

Definitely fraudulent.

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