Re:Elizabeth Holmes found guilty
by stickfigure on Tuesday January 04, 2022 @12:58AM
(#29791885)
The Ozy Media guy seems similar enough. Blatantly lying to investors about the current facts of the business to extract money from them.
It sounds like they are getting similar treatment to Holmes: https://www.nytimes.com/2021/11/10/business/ozy-doj-sec-inve...
I don't follow startups that closely. The only example I can think of is Elon Musk's "full self driving" promises, but the gap between promise and reality is a lot smaller in that case. Even then, the claims are still mostly future timelines, not "it works now, no I can't show you, trust me!!"