The meltdown at one of Silicon Valley’s hottest young VCs could lead to more investigations, source says
|09/16/2016||Posted by BusinessMediaguide.Com under General World News||
The implosion of Rothenberg Ventures, a venture firm known for its over-the-top parties and spending as well as its young, charismatic founder, Mike Rothenberg, appears to have taken another dark turn.
The company has admitted to its investors that the SEC was looking into the company, according to an email obtained by Business Insider, although such inquiries do not automatically mean that any further action will be taken. At issue is how the company managed its money.
Now the SEC has asked people familiar with the company to speak to the FBI and the US Attorney’s office, a person close to read more >>>