I keep telling people you don't drop hundreds of millions on something without glancing at a few numbers first. They had to know something wasn't quite right but infused him with their cash anyways.
Apparently when another VC firm (Social Capital) suggested to create a board before going through with their investment, they received a plain&clear "f*k you".
Corporate governance, accounting, and all the other boring stuff should literally be the first things which you should look at when assessing whether to fuel or not an exchange.
