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moonikakiss | 9 months ago

I did due-diligence on Builder.AI for a venture firm I was interning at (circa 2019). It was extremely apparent (Glassdoor, talking to any employee) it was complete BS.

When I say apparent, it took less than 15 minutes and a couple of google searches to get a sniff of it.

Somehow, you can still raise $500MM ++.

I think about that a lot

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aprilthird2021|9 months ago

You have to elaborate! What were the signs? When you did due diligence what were you told about the company? Was the marketing or premise itself fishy or you only realized it was fraudulent after starting the due diligence?