I think this just bureaucracy run amok. It's something from an 80s movie. Regulations have their place and I don't want to get into any discussion about "big government" but I think this is a bit too far for something that has become such a community icon. Also, I find it odd if they are already at $173K, I would think there would be several alums or those sympathetic that could shell out a measly $80K, that's a roun…
Being a startup does not give them carte blanche to ignore basic laws of society, especially not laws which address actual safety concerns. [Of relevance to Hacker Dojo: see pretty much every mass casualty club/nightclub tragedy of the past decade, in which dozens died in each instance due to code violations.]
More importantly: if someone had gotten hurt or died in Hacker Dojo as a result of a code violation, all of their officers would be facing criminal negligence charges.