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Old 03-10-2005, 10:25 PM
eastbay eastbay is offline
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Join Date: Nov 2003
Posts: 647
Default Re: A question: The fundamentals of backing

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so you are saying, if you were backed, in this scenario...you would feel you owed it?

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I would have never been in that situation because I would have clarified the terms of the arrangement before accepting the money. And frankly, I wouldn't accept the money even if the terms had been clarified. It's a poor business decision for me because I can always generate a stake cheaper than I can get one on 50/50 profit deal. But that's neither here nor there.

In some parallel universe where I was thrust into your position: yes, I would repay it. See my post below about a possible compromise.

eastbay
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