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The V.C. Who Stole $20 Million
Posted on September 03, 2008
From our colleagues at Bits:The venture capital business is based on trust. Investors hand over money to a venture capitalist and trust that person to invest it wisely on their behalf.Moses Joseph betrayed that trust.Mr. Joseph, who managed a venture fund and started several companies, was convicted Thursday of 22 felony counts, including theft, securities [...]...
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venture capitalist , venture fund default explanation





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