Stablegains YC W22 just imploded, grifting their users out of $42m. They knew this before funding Pebble. Why is YC funding these?! Have they lost all pretense of "making the world a better place?" They either have negligent due diligence or they are only concerned with making $ before the music stops. YC's reputation is taking a beating with no response.<p>Stablegains thread: <a href="https://news.ycombinator.com/item?id=31431224" rel="nofollow">https://news.ycombinator.com/item?id=31431224</a><p>EDIT: This company has verbatim plagiarized from an existing company: <a href="https://twitter.com/andy_bromberg/status/1528817375541350404?s=20" rel="nofollow">https://twitter.com/andy_bromberg/status/1528817375541350404...</a>