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Friday, October 06, 2006

Wow. I had no idea that Gizmondo was a (almost) complete fraud. This wired article is excellent. You can't make this stuff up!

What gets me is - these guys are getting away with it. They are walking away with millions! Maybe they have to spend a few months in jail - maybe even a year or too - but so what? I mean, they have already been to jail and obviously didn't mind it too much. Is two years in jail worse then two years of 80 hour work weeks with some startup?

If someone paid you to go to jail, how much would they have to offer to make it worthwhile? ...because I would guess that these guys could have $20M stashed away...

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