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Replying to Avatar corndalorian

That stood out to me too. Very strange. I get it that people change and projects often fail. If this was all done on their own dime then it would still suck, but life happens. But what accountability is there, or should there be, when donations and grant funds are involved, especially within such a short time frame? Do they pay it back? Do they keep it? Did they already spend it and can’t sustain themselves any further? The blog post and announcement sound like corporate BS and leaves a lot of questions unanswered.

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Melvin Carvalho 1y ago

Did they get donations and grants, or was it just VC money? VCs expect to lose money on some ideas, so there is a risk/reward aspect there.

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corndalorian 1y ago

Yes they were a grant recipient from OpenSats last July.

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