🚨 The Fall of Builder dot ai: A Wake-Up Call for Venture Capital & Corporate Governance Another unicorn collapsed—$445M in funding, $1B valuation, 1,500+ jobs—gone. Builder dot ai’s implosion wasn’t just bad luck. It was inflated revenues, accounting gaps, and governance failures. But here’s what frustrates me: 🔴 Why do we tie fraud to race? Elizabeth Holmes (Theranos) – Stanford, white. Sam Bankman-Fried (FTX) – MIT, Jewish. Sachin Dev Duggal (Builder dot ai) – Indian origin. Scammers exist everywhere. The problem isn’t ethnicity—it’s lack of accountability. 💡 Solution? VCs must stop FOMO-driven bets and enforce: ✅ Mandatory whistleblower systems (like Aegis Whistle) ✅ Independent audits ✅ Real oversight 73% of fraud is caught by employees—yet most startups silence them. Time to change that. Read my full take in the article below. https://lnkd.in/gmmnN9vH 🔥 FOMO ALERT: Having enlightened VC world not to do FOMO, now let me create FOMO for you all. 😂 Want the real scoop on governance, ethics, and compliance—the "boring" stuff that actually prevents billion-dollar disasters? Subscribe to my weekly newsletter GRC Adam https://lnkd.in/gCJVxNbR and follow me on LinkedIn for unfiltered takes on why accountability matters more than hype. Shan Sankaran https://www.linkedin.com/in/shan-sankaran-63b140256/ Because the next Builder dot Ai, Theranos is already brewing—and I’ll be the one calling it out first. #startupethics #corporategovernance #whistleblowing #venturecapital #builderai #nomoretheranos #grc #followfordiatribes