List of different ways through which founder has routed VC money for personal gains
1. hiring very expensive law firms with kick back. 2. Buying the office space and then hiking the rent to the office around 5x and made money. 3. Fake invoices 4. hiring friends companies for consulting 5. setting up shell companies for hiring 6. Buying Forbes 30 under 30 slots with VC money Make this list more exhaustive. I want to say to these founders : bhai kisko chutiya bana rahe ho... And after all this, they have galls to become Gyan chodeswar on LinkedIn, podcasts etc.
Karilyn Denver
Stealth
a year ago
Karilyn Lee
Stealth
a year ago
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Curated from across
Indian Startups on
by Anise Lee
Accenture
Another one bites the dust!
Former Mooofarm Employees allege that the company's founders ignored widespread sales misreporting and misled investors with projections
https://inc42.com/features/accel-aavishkaar-mooofarm-dairy-tech-promise-soured-allegations/