As a venture capitalist, calling the police on your own portfolio company isn’t just unusual; it’s borderline heretical.
That’s exactly what Sydney VC firm EVP did, after discovering apparent fraud at StrongRoom AI – a tech start-up into which it had invested $10.4 million just weeks earlier.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.