> This is one of the worst advices I've ever seen.
Really? Because stability AI caused a very large amount of good in the world.
It arguably kicked off the entire AI startup industry.
> Tricking people to obtain money? How's this not fraud?
Its not fraud because you don't have to lie to anyone. You can tell VCs exactly what you plan on doing. Which is to open source all of your code... and... uhhh... yeah that will totally make the company valuable.
There are lots of ways of making sales pitches about open source, or similar, that will absolutely pass regulatory scrutiny and are "honest", and yet still have no hope of commercial success and also provide a huge amount of value to the public. Like what stability AI did.
A company that sets out to obtain VC money and blow it all on open source software without turning a profit, is going to leave behind smoking guns. Those will turn up in discovery and make one's life rather difficult.
Sure they did. They have been open from the start that they were releasing everything open source. They have been very up front about that!
> is going to leave behind smoking guns. Those will turn up in discover
No it won't, and it didn't. The VCs all hopped on board onto a very transparent open source giveaway. Good on them! Nobody lied to anyone about their open source plans.
