The founder says he acquired the data through an assignment for the benefit of creditors. I'm not an expert in ABCs, but my understanding is that the assignee in this process has a fiduciary duty to creditors and therefore must attempt to maximize the liquidation price of the company's assets. So I'm still curious as to how the twenty-something co-founder of the failed business acquired the data.
That aside, if we assume the data was acquired appropriately, it makes the questionable behavior[1] all the more baffling.
That aside, if we assume the data was acquired appropriately, it makes the questionable behavior[1] all the more baffling.
[1] https://news.ycombinator.com/item?id=10468700