Has any YC founder ever gone to jail for startup-related crimes?
8 TeslaK20 3 8/1/2025, 2:40:33 AM
Forbes 30 under 30 has become infamous for it's press-to-prison pipeline.
But YC has selected literally thousands of founders, maybe tens of thousands, and I haven't heard of any of them getting arrested for fraud.
Are there any exceptions? And why is YC so good at screening out impressive-seeming but fraudulent founders?
YC has yet to back a Theranos-scale fraud.. unless there is one that simply hasn't been discovered yet.
Ironically, the idea that was unworkable back then, appears to be still unworkable, and is still actively tried by one team i talk with! And they recently raised money from Google.