Suresh Lakani is the founder of vanta, a company that helps start-ups get their finances in order. He has been accused of defrauding investors out of $55 million by inflating headspin's annual reoccurring revenue. Suresh explains why he thinks board members may have known what was going on and did nothing about it.
In the news segment, Jason covers unicorn SaaS Startup called HeadSpin has been accused of a massive fraud by the SEC and DOJ (2:06), and Pacaso real estate startup offering fractional ownership of vacation homes is causing outrage in wine country (17:35). Then, Jason interviews Not Boring's Packy McCormick (34:41), about his time at WeWork competitor Breather (36:14), turning his newsletter into a venture fund (59:12), and Packy's vision for crypto - it's one of the best explanations we've heard (1:03:17).