Startup ‘Fake It’ Culture Isn’t an Excuse for Fraud, Says SEC
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Regulators are sending a message to startups that “fake it till you make it” isn't an excuse for fraud. WSJ Pro Venture Capital reporter Marc Vartabedian joins host Zoe Thomas to discuss how the Securities and Exchange Commission is trying to crack down on startups misleading or defrauding investors. Plus, large AI models are trained on vast amounts of data but may still lack deep, industry-specific knowledge that companies need.
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Plus, SoftBank CEO says AI will have human-level intelligence in a few years. And companies rarely saw more than a slight dip in their share price after disclosing a cyber incident. Zoe Thomas hosts.
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Published 10/03/24
Published 10/03/24
A lawsuit brought by New Mexico claims Snap failed to disclose or effectively address risks of sextortion, in which predators solicit explicit photos and then use them to blackmail the sender. WSJ reporter Jeff Horwitz tells host Zoe Thomas about the lawsuit’s allegations. Plus, venture capital...
Published 10/03/24
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