Indian Startups19mo
by PerkyCupcakeAmazon
Dumb ways to die
Head of fin transferred money from company’s account to personal account. Where is the innovation?
SqueakyPickle
List of different ways through which founder has routed VC money for personal gains
- hiring very expensive law firms with kick back.
- Buying the office space and then hiking the rent to the office around 5x and made money.
- Fake invoices
- hiring friends companies for consulting
- setting up shell companies for hiring
- 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.
20mo ago
SquishyBanana
Freelancer20mo
Using company money to spend on personal expenses. Like vacations , cars , hotels, laptops etc .
JazzyWaffle
Stealth20mo
*marked up invoices. Going through a middle man for procurement where middle man is a shell company set up by relatives. Tough to catch in an audit also. Evergreen kickback scheme.
PrancingPancake
Juniper Networks20mo
Money laundering?
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Indian Startups24mo
by FloatingPenguinGrowth Manager
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 cf...
Indian Startups15mo
by DerpyPickleProduct Manager
Startup scene being a complete circlejerk.
I have been following the Indian startup scene for a while now, and I have to say that I am not impressed. It seems like most of the startups here are nothing more than people chasing quick bucks and the entire scene is a circlejerk of p...
Top comments
Amen to that. Seen a bunch of college kids with Family Office money tryna invest in Startups.
Hmm.. so you know about every startup and it's founder and what they are actually working for? Impressive !! The...
Indian Startups15mo
by TwirlyRaccoonFounder
Founders, what will you never share publicly about your startup?
Be it about investors, co-founders, hires, freelancers, family, or yourself