For the record there are several regions, most with many many categories (some rather sad ones from the NA list: "venture capital", "social media", "retail and e-commerce", and "marketing and advertising"). There were 1230 total people on the global lists this year. Of course Forbes can't really defend itself because the notion of a "twelve hundred under 30" damages the pay-to-play golden goose. I would recommend poking around the list if you ever want a mood lightener. There are a truly comical number of people whose bio reads: "co-founder (CEO is over 30) of AI powered yadada which has raised $3M from investors". I think the median 30u30 business actually has considerably less revenue than a typical convenience store.
The convicted founders were ordered to pay $280m to JPMorgan. Is this paying them back, and if so, is it not there the entire list of investors / angels / seed backers doing the payback?
In 2017, the United States Department of Education accused Frank of potentially misleading customers.
In 2018, Javice was sued by Adi Omesy, a co-founder of Frank, over wage theft in Israel.
And much more.
How did the bank ignore all those red flags? and how do serial criminals and fraudulent 'founders' like her kept getting praise in the media and funding for their scams? Seems more like a flaw in the system that rewards sociopaths.
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[ 2.8 ms ] story [ 37.5 ms ] thread> In a letter to Judge Hellerstein this month, Ms Javice said, "I accept the jury's verdict and take full responsibility for my actions."
> "There are no excuses, only regret," she added.
Wow. No PR whitewash. No weaselly apology wording. Just admitting she fucked up.
I don't think she's a good person, but that's at least a desirable attitude from someone who defrauded others.
Lmao another one. Wonder whether HN was dickriding them at the time like they do all their other fellow scammers.
Discussion then: https://news.ycombinator.com/item?id=45424827
How did the bank ignore all those red flags? and how do serial criminals and fraudulent 'founders' like her kept getting praise in the media and funding for their scams? Seems more like a flaw in the system that rewards sociopaths.