The Rise and Fall of Fish Tech

This chapter explores the journey of a CEO in the fish tech sector who engaged in unethical practices to maintain inflated company valuations under the guise of impact investing. As the reality of financial mismanagement unfolds, it highlights the significant losses incurred by investors and raises questions about the integrity of traditional venture capital models in emerging markets. Ultimately, the chapter reveals the challenges faced by businesses in Indonesia and the repercussions of corporate deception in pursuit of rapid growth.