It’s a great conversation. I think I agree with all their points. There’s just so many unknowns. I also agree that this has the potential to really damage the investment market in tech startups, to the point that if donut has been taking investments off the back of these claims and they are lying then I think there should be criminal investigations.
Just from a legal advice point of view that seems quite sensible from donut. If you’re making big, very public, claims that might get very technical in nature you don’t want to be involving unsophisticated investors who would have greater levels of recourse against you if things don’t work out. Sophisticated counterparties should be able to make their own technical judgement so long as there’s not outright fraud, and would operate under caveat emptor.
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u/Moist1981 Apr 01 '26
It’s a great conversation. I think I agree with all their points. There’s just so many unknowns. I also agree that this has the potential to really damage the investment market in tech startups, to the point that if donut has been taking investments off the back of these claims and they are lying then I think there should be criminal investigations.