Another one bites the dust. Builder.ai โ once backed by Microsoft and hailed as the future of no-code apps โ is now in deep trouble. Legal chaos, governance issues, insolvency risks, and allegations of mismanagement. They raised over $450M. Now they might crash. But theyโre not alone: โข BluSmart: โน900 Cr loan, fund diversion โข Medikabazaar: Forensic audits, inflated revenue โข Kult: Another Rahul Yadav implosion Is this just bad luck โ or a deeper flaw in the ecosystem? We glorified growth at any cost, mistook valuation for value, and chased hype over health. The price? Investor distrust. Founders with real value now struggling to raise. The fix? โข Better governance โข Obsession with fundamentals โข Funding real businesses โ not stories This isnโt about one fall. Itโs a credibility crisis. Time to stop being shocked. And start being responsible. Your thoughts? Wake-up call or just another scroll?
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