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I don't think there's anything ethical about stringing your employees along for 3 months without pay, regardless of how successful you may have been in the past: https://news.ycombinator.com/item?id=13140938

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That's a fair enough position to take. But that doesn't necessarily make it morally equivalent to robbery.

Morality is a spectrum, and you can only make a judgement call on it when all the details are known, which right now they aren't.

Previously it was theft. I'd agree that it is theft unless the employees were informed about the situation a la "We cannot pay wages for a while, would you volunteer to still come in?".

Robbery? Now that's a different thing. But theft? Close enough.

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