You end up making a huge amount of people jobless, including the C suite, and investors moneyless.
It’ll be a nice reminder for everybody, and everybody will be very picky about which company they work for / invest in. Maybe leading to more transparency in companies so that they can prove that they don’t commit fraud / crimes.
Too many companies have so much money/power that their crimes have much worse consequences than making people jobless.
This sounds great. I would definitely love a splitwise alternative in particular!
You may want to think about using another name for your app suite though. Since it may bring confusion with the simple mobile tools (https://simplemobiletools.com/index.html) which for example also have a “Simple Notes” app.
If you kill the company you do punish those people by killing their main revenue/asset. The good thing is that you also punish the investors who will lose all their money. This will dissuade anybody to invest into a company if there is a possibility that the company is fraudulent. This could even push more transparency in the companies to attract investors.
I think we should also introduce death penalty for companies. Did a company commit a serious enough crime ? Then we just kill it. Is does not deserve to exist anymore.
Work commit are not supposed to be made with a free account. This only says that you can’t have multiple free accounts.