7 ms·
AllHere CEO could be imprisoned for 40 years
- ilrwbwrkhv 2y agoWho are these investors. Need to find myself a few dumb investors. Were these Sequoia?
- datavirtue 2y agoThey are everywhere, looking for a quick buck, literally.
- kylecazar 2y agoThe 'Black' part of this article's title seems a little weird
- paxys 2y agoAs does the focus on her wedding. Yeah she defrauded investors for millions and spent the money. She isn't going to jail over the specifics of her spending, but the first part.
- mrandish 2y agoYeah, the whole focus of this "reporting" is bizarrely twisted. Also, based on the charges named in the article, the 40 years doesn't really make much sense, so even that is probably just based on adding up the max allowed sentence for each charge and multiplying by the number of counts.
- mindslight 2y agoThe specifics of the spending do matter. If she had spent the money within the company context, even on things that are personally lavish (eg private jet), it would have been harder to make the case for outright criminal fraud.
- drak0n1c 2y agoIt's written by The Root, which is a race-focused publication.
- unsupp0rted 2y agoWhich also makes about as much sense to me as a height-focused publication.
- HeatrayEnjoyer 2y agoThat might also have uses.
- rascul 2y agohttps://tall.life/ https://tall.life/
- nayuki 2y agoOn the other hand, whenever a Black person is successful, it's okay to mention that in the headline.
- dyauspitr 2y agoOf course it is, I’m all for giving leeway to a group that’s not doing as well as the others.
- esperent 2y ago> a group that’s not doing as well as the others That's a really weird way to describe systemic racism.
- hyperhello 2y ago[flagged]
- TacticalCoder 2y ago> On the other hand, whenever a Black person is successful, it's okay to mention that in the headline. But I agree it's a bit off. For example it's OK for the NYT to mention that SBF is a genius and that he's an effective altruist in headlines as long as his ponzi is not exposed, but as soon as it's exposed, suddenly no mention of "effective altruism" (despite several people from that movement personally and illegally benefiting from "donations" from SBF [1]) nor any mention of "genius" anymore. We're kind of used to headlines working that way. [1] even years and maybe even decades later there's hope some of these funds shall be clawed back from these people though (people who suddenly now have a very low profile)
- Yeul 2y agoEffective altruism is called "taxation" in my country. It's been an ongoing success for a 1000 years.
- 2y ago
- bartread 2y agoI agree: I don’t see how it’s relevant to what she did, what happened subsequently, or her current situation. If this were reported in the UK I doubt her skin colour would have been mentioned at all due to its irrelevance.
- fakedang 2y agoAnother Forbes 30 under 30 lol.... At this rate, Forbes itself should be a massive red flag signal for investors.
- curtisblaine 2y agoIf you want to know more and from a better source, here's the press release on justice.gov: https://www.justice.gov/usao-sdny/pr/ceo-artificial-intelligence-startup-company-charged-defrauding-investors https://www.justice.gov/usao-sdny/pr/ceo-artificial-intellig...
- aurareturn 2y agoShe should have issued a crypto currency instead. Funds from crypto can be used for anything.
- croes 2y ago>educational friend designed to help students reach their limitless potential Limitless is BS, it’s better to know your limits.
- Intralexical 2y agoLimits are fuzzy and situational things though, so whatever you think you know is likely to be either incorrect or self-fufilling.
- croes 2y agoLimits aren't just situational, some are physical.
- Intralexical 2y agoGive me a lever long enough…
- ionwake 2y agomaybe she thought it wasn't a big deal, seeng as she had been handed millions for lying about a useless chatbot. I am more concerned by the people who gave her funding.