Hacker News new | past | comments | ask | show | jobs | submit login

Sounds like you waste a lot of people's time to lie to higher-ups.

Yep- don't hate the player, hate the game. I'm legally obligated to do so in some cases. That's what fiduciary means.

You keep using that word. I do not think it means what you think it means.

Except that is what it means. The term is used mainly in certain contexts these days, so you might have gotten the impression that it only applies in those contexts, but 'fiduciary' has a broader meaning.

To quote from Wiki (I know): "[t]he distinguishing or overriding duty of a fiduciary is the obligation of undivided loyalty" and I'd argue that taking on capital imposes just such an obligation, such that trying to hire the people most likely to maximize your investors return is indeed a fiduciary duty, one that implies other duties.

No it's not. A fiduciary duty is not the same as a legal duty. Though they can overlap.

See above.

Registration is open for Startup School 2019. Classes start July 22nd.

Guidelines | FAQ | Support | API | Security | Lists | Bookmarklet | Legal | Apply to YC | Contact