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Twilio Bets Small, DeepSeek Scares & the GameOn Fraud | E2076

This Week in Startups

CHAPTER

Unveiling Startup Fraud: Lessons Learned

This chapter explores a high-profile case of fraud involving the San Francisco startup Game On, spotlighting the deceptive practices of its founder and the misuse of corporate funds. It emphasizes the critical importance of due diligence, proper board structures, and financial controls to mitigate risks and uphold investor trust. The conversation also delves into the psychological motivations behind fraudulent behavior and the inherent risks in venture capital, providing insights for future entrepreneurs and investors.

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