The US SEC sues former IRL CEO Abraham Shafi, accusing him of a $170M fraud by misleading investors about the company's growth and concealing personal expenses
Joe Miller / Financial Times :
SoftBank sues former IRL CEO Abraham Shafi for fraud after investing $150M in IRL in 2021 on user metrics claims; IRL allegedly paid to fill the site with bots
There was a time Theranos was a unique story. Now we have IRL, Frank, FTX, Ozy Media, Headspin, etc. … X: Elon Musk / @elonmusk : @eringriffith Wow @zachweinberg : All you had to do to diligence IRL ...
SoftBank sues former IRL CEO Abraham Shafi for fraud after investing $150M in IRL in 2021 on user metrics claims; IRL allegedly paid to fill the site with bots
SoftBank sued former IRL CEO Abraham Shafi and five siblings and cousins for allegedly misleading the investor about the messaging app's growth …
Source: IRL CEO Abraham Shafi has stepped down, following allegations the messaging startup used bots to inflate its user count shared publicly and to investors
Mark Matousek / The Information : Tweets: @martymadrid , @mattschaar , @bryce , @abebrown716 , and @amir Tweets: @martymadrid : This tracks ... I've been following this “company” since 2019 and have ...
Source: IRL CEO Abraham Shafi has stepped down, following allegations the messaging startup used bots to inflate the users it reported publicly and to investors
Abraham Shafi has stepped down as CEO of messaging app IRL following allegations that the company used bots to inflate the users … Tweets: @bryce , @amir , @mattschaar , and @abebrown716 Tweets: Bryce...
IRL, which is building a messaging-based social network, raises $170M Series C led by SoftBank's Vision Fund 2, at a $1.17B valuation
Social calendar app IRL has been busy building a messaging-based social network, or what founder and CEO Abraham Shafi calls a “WeChat of the West.”