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Steve Ballmer blasts founder he backed who pleaded guilty to fraud: 'I was duped and feel silly' | TechCrunch

By Julie BortTechCrunch

Steve Ballmer wrote a fiery letter in the sentencing of disgraced founder Joseph Sanberg documenting all the harm that's befalling him as an investor.

Silicon Valley tends to tolerate a certain amount of founder exaggeration when pitching investors, often dismissing it as part of selling a vision. But some choices cross the line and can lead to jai…