SqueakyPickle

List of different ways through which founder has routed VC money for personal gains

hiring very expensive law firms with kick back.
Buying the office space and then hiking the rent to the office around 5x and made money.
Fake invoices
hiring friends companies for consulting
setting up shell companies for hiring
Buying Forbes 30 under 30 slots with VC money

Make this list more exhaustive.

I want to say to these founders : bhai kisko chutiya bana rahe ho... And after all this, they have galls to become Gyan chodeswar on LinkedIn, podcasts etc.

32mo ago

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SquishyBanana

Freelancer32mo

Using company money to spend on personal expenses. Like vacations , cars , hotels, laptops etc .

JazzyWaffle

Stealth32mo

*marked up invoices. Going through a middle man for procurement where middle man is a shell company set up by relatives. Tough to catch in an audit also. Evergreen kickback scheme.