StartupsTechCrunchabout 2 hours ago
VideoVerse $250M deal collapses into fraud claims
1 min read
VideoVerse's $250 million acquisition by Minute Media unraveled after fraud allegations emerged. Founder Vinayak Shrivastav faces lawsuits from Bluestone Capital, Lingotto, and former COO Sabya Das, who claims forged signatures on loan agreements. Minute Media terminated the contract in May, and Shrivastav was removed as CEO in April.
Level
Hype check
Tap to vote and see what everyone thinks.
