How a CEO’s Faked Results Led to a $300 Million Wipeout
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The Rise and Fall of eFishery
This chapter recounts the tumultuous journey of an Indonesian tech entrepreneur whose startup, eFishery, faced severe financial challenges. To attract investors, the entrepreneur resorted to manipulating financial data, leading to rapid growth but ultimately exposing the company's deceptive practices. The narrative serves as a cautionary tale of ambition and the consequences of greed in the startup ecosystem.
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