Remove Fraud Remove National Remove Rhode Island Remove Security
article thumbnail

121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

And then there were some uncommon and more dramatic causes of failure, including: Financial fraud. Indeed, co-founder Alejandro Resnik, the CEO, told the WSJ in 2015 that it was looking to raise a “monster round” of $300 million at a $2 billion valuation to fuel its national expansion. A most-wanted founder. via TechCrunch.

Capital 78