By "they", I assume that you meant the founders. Did the founders have personal ... | Hacker News

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		ynniv on Aug 17, 2009 \| parent \| context \| favorite \| on: SnapTalent (YC W08) Shuts Down By "they", I assume that you meant the founders. Did the founders have personal losses to be cut? > I'm pretty sure the investors would rather have their money back than nothing at all. Did you ask them? Are you yourself a VC investor? Its rather possible that investors saw promising talent and wanted to buy 2 years of their time.

coryrc on Aug 17, 2009 [–]

The investors could have said "No, keep the money, do something else." Who would turn that down?

jacquesm on Aug 17, 2009 | [–]

Who knows, maybe they did ?

Maybe they felt like being free from the extra duties having 'foreign' capital brings with it.

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