They’ve been paid their owed wages and PTO, but did not receive any severance or two-week notice.
Are there any VC out there that have ethics standards around winding down a failed venture, especially towards termination of employees?
Are there any VC out there that have ethics standards around winding down a failed venture, especially towards termination of employees?
We did this. It wasn’t that hard but it required a lot of honesty. Having been through it I’m always shocked when startups fail with no warning.