Efishery Temasek

[20kjinsatki]

https://www.eco-business.com/news/t...spends-co-founders-over-alleged-embezzlement/

Anyone knows what happened?

 

[buttbERry]

wow

simi sagat lai de?

 

[sales69]

Temasek claypot strikes again.

Temasek-backed Indonesian unicorn EFishery allegedly faked most of its sales

https://www.straitstimes.com/busine...rn-efishery-allegedly-faked-most-of-its-sales

 

[PaulLevesque]

Well done temasek!

 

[Sad Panda]

temasek never fails to make claypot investments

 

[tExtra]

Think they will be more profitable starting cypto farm in cool countries with cheap electricity like Canada. No need cooling system. One 80% ROI

 

[XcoVar]

Hahaha......what a joke right.

"While eFishery said it had more than 400,000 fish feeders in operation, initial investigations estimate it only had about 24,000."

 

[roflolmao]

Temasek claypot strikes again.

Temasek-backed Indonesian unicorn EFishery allegedly faked most of its sales

https://www.straitstimes.com/busine...rn-efishery-allegedly-faked-most-of-its-sales

Lol, inflating revenue by 600m is insane

Did temasek do this investment after the ftx saga? Still never do due diligence?

 

[li9ht5peed]

always never do KYC & DD

 

[Sad Panda]

Lol, inflating revenue by 600m is insane

Did temasek do this investment after the ftx saga? Still never do due diligence?

always no dd de lah... dont know which duapow anyhow xian in their ears then all in already.

 

[XcoVar]

always no dd de lah... dont know which duapow anyhow xian in their ears then all in already.

Tats why, no team on ground to do due diligence before dumping millions.

 

[chongquan82]

Huat ahhhh

Temasek has cemented the world number 1 carrot head position

 

[wongkc]

Hahaha......what a joke right.

"While eFishery said it had more than 400,000 fish feeders in operation, initial investigations estimate it only had about 24,000."

报大数... should be not serious... last time SPH also overstate circulation numbers... nothing serious right... top management still around... dun worry... still can get 900 million from gahment...

 

[focus1974]

whatever investments the managers make, the whole group should collectively have a clause to clawback their bonuses depending on percentage if the deal goes sour especially if it's fraud or embezzlement.

 

[neo_aw]

Group of world class financial investment firm but ended become their rabbit……

jin throw face

 

[sales69]

Lol, inflating revenue by 600m is insane

Did temasek do this investment after the ftx saga? Still never do due diligence?

Should be in 2022.

Probably put in small fry 8 figures only. No sweat.

https://www.theindonesia.id/news/20...series-c-funding-in-agritech-startup-efishery

https://www.techinasia.com/indonesian-agritech-firm-efishery-confirms-200m-series-d

 

[roflolmao]

whatever investments the managers make, the whole group should collectively have a clause to clawback their bonuses depending on percentage if the deal goes sour especially if it's fraud or embezzlement.

Claw back bonus is damn good deal already.

Other firms, you probably get fired.

 

[Tayliatorhard]

The names of the people involved sounds like local foreigners

 

[Balian]

these people didn't do due diligence before investing again?

 

[jack-320]

Temasek says monitoring