VC from Russia

[elvenrunelord]

i would be very hesitant to accept any form of money from a Russian VC company. The mob is very active there and they are looking to branch out all over the world. You might be more than you bargain for if you do business with a VC company from Russia.

[Lissy]

It's not just the mob you have to worry about when dealing with Russia. It's the overall business dishonesty. Have you heard of such terms as "double accounting" or "black cash"?? These concepts are common over there. "Double accounting" means recording only some of your profits and only a part of wages you pay your employees. The rest is "Black cash." Add to it bribes and all kinds of other tricks. Nope, no business with Russia for me, thanks a lot.

[elvenrunelord]

Yea we have black cash here in America too. Our pentagon ' misplaced ' 1.2 trillion dollars last year........pray tell me how you ' misplace ' that much money? Answer is you don't. There are criminals in our government that are acting outside of our laws and its bad news for Americans because no one seems to be willing to hold them accountable for their actions. Its kind of silly to arrest bear sterns employees for fraud and allow these goons at the pentagon get away with virtually the same thing

[Lissy]

I did not know about the "misplaced" 1.2 trillion! Makes me wonder where they might have put it??