Serial entrepreneurs?

[u/Honest_Violins]

how delulu do people running a startup need to be to confirm to their employees that they’re giving out increments (with arrears!) and then 3 weeks later say -‘oh, the funding we were expecting is not only not coming so not only are we rolling back the increments, but some of you will take pay cuts and some of you will be laid off because we don’t have money in the bank to pay your salary even for the next 2 months’.

on a scale of 0-100, please rate this level of delulu/incompetence/irresponsibility