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How a CEO’s Faked Results Led to a $300 Million Wipeout

Big Take Asia

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Deception Beneath the Surface

This chapter explores the tumultuous journey of an Indonesian tech entrepreneur, who faced a financial crisis while running his startup, eFishery. As he struggled to secure funding, he resorted to manipulating financial data to mislead investors, creating an illusion of success. Ultimately, the web of deceit led to significant repercussions, revealing the dark side of startup culture and the risks involved in the pursuit of entrepreneurial dreams.

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