E1112: Emergency Pod! Nikola fraud allegations, Trevor Milton resigns, Jason reflects on Trevor’s answers
This Week in Startups
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Valuation vs. Reality: The Nikola Case
This chapter explores the fraud allegations against Nikola and the implications of high startup valuations without product launches. The discussion highlights the risks for retail investors, the importance of scrutinizing SPAC promoters, and parallels with companies like Theranos. It serves as a cautionary tale urging transparency and realistic expectations in the electric vehicle industry.
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