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Vishu Bheda
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Medial • 1y

Look at this man. He disrupted a $1 trillion industry. Was feared by Elon Musk. Built a company valued at $34 billion. But now he’s in prison for running one of the biggest scams in history. Here’s the full story: Trevor Milton wasn’t born into

Anonymous 9

Hey I am on Medial • 1y

Honestly, the real villains here are the investors. How do Bosch and GM, with all their resources, fail to see through this scam? It’s embarrassing that a guy like Milton could fool such major players. It makes you wonder how many other companies are

Vishu Bheda
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Medial • 1y

Bosch and GM missed Nikola's alleged fraud due to excitement around EVs, limited due diligence, FOMO in a competitive market, and trust in Nikola’s claims. The hype and pressure to innovate likely clouded their scrutiny.

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Anonymous

Hey I am on Medial • 1y

No scrutiny of Sequoia India. Can someone tell me why there was no scrutiny of Sequoia India? One of the largest and the most prestigious funds exits one the most promising economies of the world due to poor management and below par due diligence. O

6 Replies

Nawal
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SELF • 1y

Startup Scandals: The Rise of Fraudulent Practices - HeadSpin ex-founder Manish Lachwani’s fraudulent actions landed him in prison for fabricating revenue and falsifying invoices, signaling a concerning trend within tech startups. - His case, alon

4 Replies

Jayant Mundhra
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Dexter Capital Advisors • 1y

Startup investing is glamourous, but not easy. And this may be the best example to explain. .. Trell was once one of the hottest and fastest growing startups around in India. And today, it's in really bad shape, hit by a dramatic loss of business

2 Replies

Harsh Dwivedi
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Medial • 1y

Top News of the Day: 1. Elon Musk's xAI Eyes New Funding at $40 Billion Valuation as AI Race Intensifies 2. Union Commerce Minister Piyush Goyal said that the central government is planning to set up a mini Silicon Valley for global capacity center