Local start-up fronts elaborate global fraud - look before y

Local start-up fronts elaborate global fraud - look before you leap


South Africa’s small business and start-up sector is driven by dreams and determination. One can understand how investors are duped by people masquerading as honest, hard-working, grassroots entrepreneurs. A “fake-it-till-you-make-it” culture is rife because, honestly, which investor would hand money to the bright-eyed dreamer who admits his business might fail? Stephen Timm has written a book about local start-up company Springleap and its founder Eran Eyal. Springleap was hailed as a major success by DesignIndaba and had partnerships with established local retailers like Big Blue. Eyal managed to build a reputation for Springleap out of nothing and defraud investors of millions of dollars. Stephen Timm traces the origins of the elaborate scam as a warning to investors: As innocuous as a start-up company might seem, caution is always advised. This article was first published on MyBroadband.- Melani Nathan

Related Keywords

New York , United States , South Africa , Tafelberg , Eastern Cape , Israel , South African , Stephen Timm , Melani Nathan , Eyal Springleap , Nicolas Heyman , Google , Facebook , South African Eran Eyal , New York Attorney General , Any Cost , Angel Investor , Business Startups , Eran Eyal , Local Economy , Shopin , South African Venture Capital , Springleap , Business News , Investment , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , கிழக்கு கேப் , இஸ்ரேல் , ஸ்டீபன் திம்ம் , மெலனி நாதன் , நிக்கோலாஸ் ஏய் , கூகிள் , முகநூல் , புதியது யார்க் வழக்கறிஞர் ஜநரல் , ஏதேனும் செலவு , தேவதை முதலீட்டாளர் , வணிக தொடக்கங்கள் , ஏறன் கண் , உள்ளூர் பொருளாதாரம் , வணிக செய்தி , முதலீடு ,

© 2025 Vimarsana