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Debatable that it's bad for the client, since he didn't disclose who the client is.

It sounds to me like the guy was trying to scrape together funding while he was commissioning a developer to work on his "great idea". I was almost caught into a same situation once.

I'm vary wary of anyone who calls himself an entrepreneur.

The client's name doesn't need to be released for this to be damaging. This is work that the client wanted (and maybe already received beforehand). Now it's publicly available. It dilutes the value of what the client may have had. It may open the door for competitors.

NOTE: I'm not saying the client doesn't deserve any of the harm this may cause. I only want to show that there IS a potential for harm.

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