Y Combinator appears to have dropped Delve, removing the company's profile from its startup directory, following allegations of fake compliance certificates
Delve's removal from Y Combinator's directory follows allegations that compliance certifications for hundreds of Delve's clients were fabricated.
The Economic Times
Related Coverage
- Embattled startup Delve has ‘parted ways’ with Y Combinator TechCrunch · Anthony Ha
- Delve sets the record straight on anonymous attacks Delve · Karun Kaushik
- Defiant Delve Lashes Out Against Fraud Allegations Inc.com · Kevin Haynes
- US compliance startup Delve parts ways with Y Combinator Tech in Asia · Diya Lal
- Compliance startup Delve removed from Y Combinator portfolio after anonymous whistleblower posts spark investor exodus Silicon Canals · Daniel Voss
- Delve row explained: What led to its split from Y Combinator The Economic Times · Mannat Dora
Discussion
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@kocalars
Selin Kocalar
on x
YC and Delve have parted ways. I still remember the day we took our YC interview at MIT. We're so grateful to the community and every founder friend we've made. We'll continue to support every young founder striving to make the world a better place. [image]
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@karunkaushik_
Karun Kaushik
on x
There's been a lot of allegations against Delve. But we haven't been able to share our side of the story until today due to ongoing cybersecurity and forensics investigations. Maintaining customer trust is central to everything we do. That said, we grew too fast and fell short [v…
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@adamscochran
Adam Cochran
on x
You can draw a straight line between the increasing number of scam companies coming out of YC with Garry Tan thinking 37k LOC a day is good. Once the best incubator in the world it now has: * No sense of if a claim is viable or not * No technical acumen to evaluate claims * A
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@gergelyorosz
Gergely Orosz
on x
@aegucer Here I am still wondering why there is no *public* message from YC on Delve. I don't know of any company being kicked out of YC years later, after their Series A. In fact I think it's the first? (There's a reason I dont reference messages not meant for the public)
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@yrechtman
Yoni Rechtman
on x
Quietly removing Delve from the directory without taking a public stance is the worse of all possible options. Not sure who this is for or what message it's meant to send.
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@lulumeservey
Lulu Cheng Meservey
on x
When crisis hits, your lawyers will tell you to stay quiet until the investigation is complete And it is VERY IMPORTANT THAT YOU DON'T LISTEN TO THEM Investigations take forever and by the time they're done your company could be DOA Lawyers are doing their job in minimizing
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@lanceyyan
Lance Yan
on x
delve is no longer a YC company wild [image]
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@mil000
Milo Smith
on x
They literally got removed from the YC website. This never happens. You are never coming back.
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@dvassallo
Daniel Vassallo
on x
Maybe the Delve founders are genuine psychopaths. Maybe they set out to defraud people from day one. But they're 21. Both of them. Basically kids. More likely: they got into YC, got surrounded by people telling them to move fast and break things, grow at all costs, fake it till
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@zackkorman
Zack Korman
on x
I want to know which companies are choosing to stay with Delve to get re-audited. Might just email every customer from the leak today to ask.
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@mil000
Milo Smith
on x
Please don't ever publicly say that you're going to “Email every customer from the leak” how to get fined / in court 101 [image]
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@gergelyorosz
Gergely Orosz
on x
The question on the $32M seed answered: Delve won't return what remains Source: CEO saying “we are not going anywhere and committed to building what's next” - aka they want to pivot. To be honest this part is only a problem for the investors, if even
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@pitdesi
Sheel Mohnot
on x
I'm sure there are more but the last time I can think of off the top of my head is when they kicked out Gab founder @BasedTorba https://news.ycombinator.com/ ... [image]
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@themaran
Maran
on x
> be delve > raised $32,000,000 at a $300 million valuation > both founders: forbes 30 under 30 > google sheet with confidential reports leaked > reports showed identical texts and errors > auditor review written before individual review > filled with fabricated evidences > dummy…
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@adi_baradwaj
Adi
on x
So... have we just accepted that fraud is how Silicon Valley operates now? Medvi, Delve, Mercor, Cluely - and that's just in the past couple weeks
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@andersonbcdefg
Ben
on x
*getting kicked out of whole foods cause i tried to shoplift an entire wheel of pecorino romano* “me and whole foods have parted ways” [image]
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@uwu_underground
@uwu_underground
on x
Hahahhahahahahahhahahahhahahahahhahahah hahahahhahahahhaahahahahahahahhahahahahh ahahahhaha So wait.... Hang on.... Holy fuck You're entire fucking defense is “you were hacked and they discovered your crimes?” They didn't drop ransomware, delete your files, and used a blog site
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@karunkaushik
Karun Kaushik
on x
There's been a lot of allegations against Delve. But we haven't been able to share our side of the story until today due to ongoing cybersecurity and forensics investigations. Maintaining customer trust is central to everything we do. That said, we grew too fast and fell short [v…
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@___4o____
@___4o____
on x
Here's what Garry Tan had to say about the Delve situation on Bookface. This is the whole message. [image]
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@aegucer
Emre
on x
Whoever leaked this does not know the rules of Bookface. There is a reason why Garry posted this on Bookface and not on X.
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@gergelyorosz
Gergely Orosz
on x
Delve got kicked out of YC: likely after more details emerged that they likely stole the IP of a fellow Y Combinator company (SimStudio) and ripped off another (Oneleet) I still think Y Combinator should say something in public on why they kicked them out. Silence == speculation