cover of episode The Startup Trust Gap: Lessons from AllHere’s Downfall

The Startup Trust Gap: Lessons from AllHere’s Downfall

2024/12/2
logo of podcast The Quantum Drift

The Quantum Drift

Shownotes Transcript

Robert Loft and Haley Hanson dissect the stunning rise and fall of Joanna Smith-Griffin, the AllHere founder now facing serious fraud charges. We dive into:

  • VC vulnerability: Why early-stage investments rely so heavily on founder-provided data.
  • The red flags missed: How fake financials, forged documents, and misused funds evaded detection—until they didn’t.
  • The wider impact: Lessons for the tech world post-AllHere and why due diligence must evolve.

Can the "fake it ‘til you make it" culture survive in an era demanding more transparency? Let’s discuss.