It seems the revelation there are no women on AM is far worse business-wise than the security breach (Maybe not legally). I was hoping the opposite. Lying to

It seems the revelation there are no women on AM is far worse business-wise than the security breach (Maybe not legally). I was hoping the opposite. Lying to your users may well be a viable strategy for this sort of business, as the users aren't likely to band together than share information. But failing to inform potential investors that your business is based on fake accounts is both legally actionable and highly risky. How can you go on as a business if your business model has been exposed as totally fake? My disappointed guess would be that this is not as large a handicap as you might expect. Each struggling business's hope is that they can "pivot" to a different model before they fall apart. Sometimes this is a polite fiction, but sometimes they manage to do it.