‘Chilling effect': Here's what an Indonesian startup scandal means for the region struggling with fundraising
This could have a chilling effect for, conservatively, 12 months, but probably longer,” Justin Hall of Golden Gate Ventures ...
The Edge Singapore6d
eFishery was a valuation scandal, not accounting fraud
The outcome was an extravagant valuation that had no connection to fundamentals. Even with its fabricated revenue, eFishery was trading at an EV/Sales ratio of two times. Agri-processors such as Japfa ...
EFishery Backers to Weigh Liquidation, Buyout Among Options
An adviser probing the alleged accounting fraud at Indonesian agritech company eFishery recommended that investors make a ...