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randycupertino 15 hours ago [-]
> Workers have yet to receive paychecks after San Francisco-based Foundation missed payroll on Oct. 30, said the people, who asked for anonymity to speak candidly about a private company.
> The situation has particularly angered some inside the startup because its CEO and co-founder, Sankaet Pathak, borrowed $4.6 million from the company last year to buy a luxury home, money that could have been used to pay workers, the people said.
> Public records show that an LLC that names Pathak as sole principal purchased a $4.6 million Sausalito, California, property with “sweeping, cinematic views” of the San Francisco Bay in October 2025.
Cheyana 14 hours ago [-]
AI and robotics are allegedly going to leave us all with no pay. This guy is just staging a drill so we’re ready.
randycupertino 9 hours ago [-]
Can the investors sue him to get the $4.6 million he blew on a house back?
> The situation has particularly angered some inside the startup because its CEO and co-founder, Sankaet Pathak, borrowed $4.6 million from the company last year to buy a luxury home, money that could have been used to pay workers, the people said.
> Public records show that an LLC that names Pathak as sole principal purchased a $4.6 million Sausalito, California, property with “sweeping, cinematic views” of the San Francisco Bay in October 2025.