Before the initial twelve-million-dollar advance could be released, Jonathan would have to sign a sworn affidavit guaranteeing that he was concealing no legal liabilities, no active domestic-violence investigations, no personal conduct that could damage the fund’s reputation.

If he lied, the affidavit gave Ironwood the right to terminate the contract instantly, recall the advance, and seize NexoCloud’s core assets as collateral.

It was a standard morals clause, of the kind serious funds use — and it was also, that morning, a door I was holding open to see whether he would walk through it.

Jonathan did not pause.

He did not consult his lawyers.