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Saastr
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Dear SaaStr: My Startup is Nearing The End of its Runway – and I Found Out My CEO Has Been Taking Money from the Company. What Should I Do?
- In some venture-backed startups, founders may take money from the company for personal use.
- While some expenses may be justified, blatant stealing is not acceptable.
- If you are in finance, report the fraud to the Board.
- For most lay employees, it is best to quietly move on from the startup.
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