SoftBank is suing portfolio company IRL after it admitted 95% of its users were fake. VCs are stressing the need for ‘uncomfortable’ due diligence

SoftBank is suing IRL for $150 million and says it “relied on the accuracy of representations from IRL’s executives.”

SoftBank is suing portfolio company IRL after it admitted 95% of its users were fake. VCs are stressing the need for ‘uncomfortable’ due diligence
SoftBank is suing IRL for $150 million and says it “relied on the accuracy of representations from IRL’s executives.” Read More