Authorities on Wednesday arrested the co-founder of a Silicon Valley startup once valued at more than $1 billion for allegedly providing false key financial metrics to venture capital investors. Manish Lachwani, who co-founded the privately-held mobile app testing company HeadSpin in 2015, was criminally charged with securities and wire fraud after a Department of Justice investigation ...
startups
venture capital
Prosecutors Charge Startup Founder For Allegedly Lying to VCs About Revenue
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