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STARTUP FOUNDER MISCONDUCT
VC contract terms get tougher on founder shares after governance lapsesVenture capital firms are tightening founder contracts, with nearly 76% of Indian startups now allowing the forfeiture of vested shares for...- Did Millionaire Ben Pasternak strangle ex-girlfriend Evelyn Ha with his bare hands? What happened inside the New York Hotel room?Ben Pasternak, 26, the entrepreneur behind the plant-based company Simulate, once valued at $250 million, was arrested Tuesday on allegatio...
- SemiAnalysis sues former employee over misconduct, trade secret claimsPer Dylan Patel, founder of the semiconductors and AI infrastructure intelligence and research firm, the unnamed employee had indulged in r...
- Startup shock: Employee quits in a week, after scamming shoes worth Rs 2 lakh from sneaker brandGully Labs, a Delhi-based sneaker startup, experienced significant financial losses when a new employee allegedly exploited internal system...
- BluSmart bust makes investors rewrite the fine printFollowing financial irregularities at Gensol Engineering and BluSmart, investors are tightening investment contract terms. Lawyers indicate...
- Startups, BharatPe attention to control measuresThis course of action can be particularly arduous for a company in the process of building a reputation. Startups operate in disruptive bus...
- Theranos founder Elizabeth Holmes denied request for new trial, court filings showIn January, Elizabeth Holmes was found guilty of defrauding investors in the blood testing startup, convicting her on four of 11 counts.
- BharatPe vows to claw back shares of ‘former founder’, sacks employeesWhile the statement didn't include names, it is clear the company was referring to its cofounder and former managing director Ashneer Grove...
- BharatPe to overhaul governance framework, sack several employeesBharatPe said it was introducing a new vendor procurement policy to mitigate any risk of employees indulging in suspicious transactions to ...
- Ashneer Grover says he'll start his own venture without investors"I wish to start my own venture with my own money and make it profitable," he said during the recently-held TiECon-2022 start-up and entrep...
- End of the road: The peril of acrimonious founder exitsAn acrimonious exit of a founder is far from a “Black Swan event”. Though not an everyday feature, there have been several instances global...
- Binny Bansal sells Flipkart shares worth $14 million to Tiger GlobalThe sale by Bansal could be a part of accelerated share sale agreement at the time of his exit in November last year.
- #MeToo at Badoo, Uber, Google: Bosses who turned a blind eye towards sexual misconductA woman publicly accused Tesla of ignoring her complaints of 'pervasive harassment'.
- 500 Startups and its co-founder remake themselves post-#MeToo500 Startups is raising fresh investment for its fifth global fund, expected to be the firm’s largest ever, according to a person familiar ...
- Born@B’luru: Our Silicon Valley deserves a tech startup museumFrom Infosys to Flipkart, Indian startups and their success stories have come a long way and Bengaluru as a city has played its role effici...
- Flipkart's Binny Bansal breaks his silence after Walmart ousterThe entrepreneur once celebrated for jumpstarting India’s internet retail industry is now dedicating himself to helping other founders get ...
- How Binny Bansal’s abrupt exit from Flipkart drove home quite a few lessonsThat fateful exit woke founders up to the need to protect their turf from investors with a controlling streak.
- Nervousness grips startup founders, acknowledge need for timely disclosures after Bansal’s exitSome are now more sensitive to the equation that founders and senior executives at startups share with women colleagues.
- Indian startups are in the midst of a culture crisisToo much is riding on India's biggest startups for them to only serve their investors and founders.
- Indian startups scurry to learn from Silicon Valley scandals"It has really hit us now that this can take on mammoth proportions," said investor Krishnan Ganesh.
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