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1.  

   Definitely fascinating

   

   Mike (profile), Jul 31st, 2000 @ 2:10pm

   
   

   I agree that this is a fascinating story and well worth reading. The interesting part, though, is that this is not all that different than what happens at a number of dot com startups (at least it seems fairly common in the Bay Area). I think a lot of the problem is that we're not dealing with people who want to build businesses, but rather people who want to get rich damn quickly.

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2.  

   Re: Definitely fascinating

   

   Ed, Jul 31st, 2000 @ 8:20pm

   
   

   Agreed. Quite fascinating.
   
   Regarding the allegation that employees were forced to fake phone activity to make the potential investors think there was more business, isn't this plain, out-and-out fraud? How's that any different than what Newman and Redford did in "The Sting?" I'd like to think that I have enough integrity to refuse to participate in such a scam. Fortunately none of my employers has ever been so desperate or so dishonest.

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