A Startup Burned Through $700,000 in 10 Months Then Lied About Back Pay, Former Employees Say Posted by September 2, 2016 Leave a comment on A Startup Burned Through $700,000 in 10 Months Then Lied About Back Pay, Former Employees Say A marketing professional with a one-month career at a Silicon Valley startup shared a detailed account of one of the ugliest startup stories we’ve ever heard.