Yes the second thing. The CEO personally took that cash. Source: I worked with o... | Hacker News

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_lx4l on Dec 10, 2019 | parent | context | favorite | on: Ask HN: We are shutting down our startup, I get ou...

Yes the second thing. The CEO personally took that cash.

Source: I worked with one of the cofounders of Imzy and he spilled all the tea, that's the best I got though.

susijdjdjxa on Dec 10, 2019 [–]

It sounds like the investors screwed up by giving away their claim on that IP.

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