Unethical things by startup founders
What are some unethical thngs your funded company founders and core nepotism team.hve done?? Ex my ex company founder hired wife, sister, and friends as board of director giving 4 seats to the family itself + fancy designations like cfo, coo cmo and ceo. All took 5 lakhs per month each as salary which means 20 lakhs going home from VC funded money per month. 1 million fundraise goes home in about 3 - 4 years used to set up paralell businesses, etc and no money made in core business
incognito
Stealth
2 years ago
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by VioletMovie
Accenture
Another one bites the dust!
IMO, Non sophisticated fraud.
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/