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#efishery — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #efishery, aggregated by home.social.

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  1. Collapse of eFishery haunts Indonesia’s startup scene

    JAKARTA (Bloomberg): Vincent Tjendra and Marcella Moniaga spent most of this year trying, and failing, to raise fresh capital…
    #NewsBeep #News #Entrepreneurship #Amazon #astro #AU #Australia #Business #diligence #eFishery #fraud #funding #Indonesia #middleclass #Startups #VentureCapital
    newsbeep.com/au/372772/

  2. When everyone else was throwing praise and cash at a fish-feeder startup like it’s the second coming of Grameen Bank, it’s easy to start wondering if maybe you’re just being cynical. Maybe you’re jaded. Maybe the founder *really is* a scrappy visionary from East Jakarta.

    People in the Indonesian tech scene knew how cynical, critical, and skeptical I was whenever I came across new startup ideas or concepts. People probably called me the dream killer with all the startup ideas I shat on as a judge at various tech startup events over the years but I was the judge, not the executioner.

    For the most part I asked hard questions about their ideas and they mostly couldn’t find the answers. That’s on them. It’s on the founders to decide how to proceed after my grilling. But this one, this fishy fish feeding idea, this was blowing red flags in my head but it already had far too many major backers at the time. I chose to stay quiet and distanced myself from the hype.

    #startup #Indonesia #efishery #TootSEA

    aulia.me/2025/04/16/i-wanted-t

  3. When everyone else was throwing praise and cash at a fish-feeder startup like it’s the second coming of Grameen Bank, it’s easy to start wondering if maybe you’re just being cynical. Maybe you’re jaded. Maybe the founder *really is* a scrappy visionary from East Jakarta.

    People in the Indonesian tech scene knew how cynical, critical, and skeptical I was whenever I came across new startup ideas or concepts. People probably called me the dream killer with all the startup ideas I shat on as a judge at various tech startup events over the years but I was the judge, not the executioner.

    For the most part I asked hard questions about their ideas and they mostly couldn’t find the answers. That’s on them. It’s on the founders to decide how to proceed after my grilling. But this one, this fishy fish feeding idea, this was blowing red flags in my head but it already had far too many major backers at the time. I chose to stay quiet and distanced myself from the hype.

    #startup #Indonesia #efishery #TootSEA

    aulia.me/2025/04/16/i-wanted-t

  4. When everyone else was throwing praise and cash at a fish-feeder startup like it’s the second coming of Grameen Bank, it’s easy to start wondering if maybe you’re just being cynical. Maybe you’re jaded. Maybe the founder *really is* a scrappy visionary from East Jakarta.

    People in the Indonesian tech scene knew how cynical, critical, and skeptical I was whenever I came across new startup ideas or concepts. People probably called me the dream killer with all the startup ideas I shat on as a judge at various tech startup events over the years but I was the judge, not the executioner.

    For the most part I asked hard questions about their ideas and they mostly couldn’t find the answers. That’s on them. It’s on the founders to decide how to proceed after my grilling. But this one, this fishy fish feeding idea, this was blowing red flags in my head but it already had far too many major backers at the time. I chose to stay quiet and distanced myself from the hype.

    #startup #Indonesia #efishery #TootSEA

    aulia.me/2025/04/16/i-wanted-t

  5. When everyone else was throwing praise and cash at a fish-feeder startup like it’s the second coming of Grameen Bank, it’s easy to start wondering if maybe you’re just being cynical. Maybe you’re jaded. Maybe the founder *really is* a scrappy visionary from East Jakarta.

    People in the Indonesian tech scene knew how cynical, critical, and skeptical I was whenever I came across new startup ideas or concepts. People probably called me the dream killer with all the startup ideas I shat on as a judge at various tech startup events over the years but I was the judge, not the executioner.

    For the most part I asked hard questions about their ideas and they mostly couldn’t find the answers. That’s on them. It’s on the founders to decide how to proceed after my grilling. But this one, this fishy fish feeding idea, this was blowing red flags in my head but it already had far too many major backers at the time. I chose to stay quiet and distanced myself from the hype.

    #startup #Indonesia #efishery #TootSEA

    aulia.me/2025/04/16/i-wanted-t

  6. When everyone else was throwing praise and cash at a fish-feeder startup like it’s the second coming of Grameen Bank, it’s easy to start wondering if maybe you’re just being cynical. Maybe you’re jaded. Maybe the founder *really is* a scrappy visionary from East Jakarta.

    People in the Indonesian tech scene knew how cynical, critical, and skeptical I was whenever I came across new startup ideas or concepts. People probably called me the dream killer with all the startup ideas I shat on as a judge at various tech startup events over the years but I was the judge, not the executioner.

    For the most part I asked hard questions about their ideas and they mostly couldn’t find the answers. That’s on them. It’s on the founders to decide how to proceed after my grilling. But this one, this fishy fish feeding idea, this was blowing red flags in my head but it already had far too many major backers at the time. I chose to stay quiet and distanced myself from the hype.

    #startup #Indonesia #efishery #TootSEA

    aulia.me/2025/04/16/i-wanted-t

  7. Investigators have determined that eFishery is in far worse shape than they previously thought, and that investors such as SoftBank are likely to get back less than 10 cents for every dollar they invested. japantimes.co.jp/business/2025 #business #companies #softbank #efishery #indonesia #startups #investments

  8. Investigators have determined that eFishery is in far worse shape than they previously thought, and that investors such as SoftBank are likely to get back less than 10 cents for every dollar they invested. japantimes.co.jp/business/2025 #business #companies #softbank #efishery #indonesia #startups #investments

  9. Investigators have determined that eFishery is in far worse shape than they previously thought, and that investors such as SoftBank are likely to get back less than 10 cents for every dollar they invested. japantimes.co.jp/business/2025 #business #companies #softbank #efishery #indonesia #startups #investments

  10. Investigators have determined that eFishery is in far worse shape than they previously thought, and that investors such as SoftBank are likely to get back less than 10 cents for every dollar they invested. japantimes.co.jp/business/2025 #business #companies #softbank #efishery #indonesia #startups #investments

  11. Investigators have determined that eFishery is in far worse shape than they previously thought, and that investors such as SoftBank are likely to get back less than 10 cents for every dollar they invested. japantimes.co.jp/business/2025 #business #companies #softbank #efishery #indonesia #startups #investments

  12. Sources: SoftBank-backed eFishery, Indonesia’s top agritech startup, slashes over 1,000 jobs (~90% of its workforce) and considers potential liquidation. #eFishery #Agritech #SoftBank #StartupNews #Indonesia #JobCuts #TechLayoffs #BusinessNews #Liquidation

    posivi.com/efishery-slashes-ov

  13. Sources: SoftBank-backed eFishery, Indonesia’s top agritech startup, slashes over 1,000 jobs (~90% of its workforce) and considers potential liquidation. #eFishery #Agritech #SoftBank #StartupNews #Indonesia #JobCuts #TechLayoffs #BusinessNews #Liquidation

    posivi.com/efishery-slashes-ov

  14. Sources: SoftBank-backed eFishery, Indonesia’s top agritech startup, slashes over 1,000 jobs (~90% of its workforce) and considers potential liquidation. #eFishery #Agritech #SoftBank #StartupNews #Indonesia #JobCuts #TechLayoffs #BusinessNews #Liquidation

    posivi.com/efishery-slashes-ov

  15. Major #Asian #Investment Firms Caught by #Fraud
    🧐"swindled by #eFishery, an #Indonesian #unicorn supposedly providing #technology & data to improve operations of fish & shrimp farmers, likely forcing them to #writeoff an unknown amt. Its e 2nd major recent writedown for #Temasek Holdings & #Softbank both also lost millions in 2022 failure of #FTX, the #bankrupt #cryptocurrency exchange.. eFishery inflated revenue by ~US$600m ie, >75% of 2024 figs were bogus" #duediligence
    asiasentinel.com/p/major-asian

  16. Major #Asian #Investment Firms Caught by #Fraud
    🧐"swindled by #eFishery, an #Indonesian #unicorn supposedly providing #technology & data to improve operations of fish & shrimp farmers, likely forcing them to #writeoff an unknown amt. Its e 2nd major recent writedown for #Temasek Holdings & #Softbank both also lost millions in 2022 failure of #FTX, the #bankrupt #cryptocurrency exchange.. eFishery inflated revenue by ~US$600m ie, >75% of 2024 figs were bogus" #duediligence
    asiasentinel.com/p/major-asian

  17. Major #Asian #Investment Firms Caught by #Fraud
    🧐"swindled by #eFishery, an #Indonesian #unicorn supposedly providing #technology & data to improve operations of fish & shrimp farmers, likely forcing them to #writeoff an unknown amt. Its e 2nd major recent writedown for #Temasek Holdings & #Softbank both also lost millions in 2022 failure of #FTX, the #bankrupt #cryptocurrency exchange.. eFishery inflated revenue by ~US$600m ie, >75% of 2024 figs were bogus" #duediligence
    asiasentinel.com/p/major-asian

  18. Major #Asian #Investment Firms Caught by #Fraud
    🧐"swindled by #eFishery, an #Indonesian #unicorn supposedly providing #technology & data to improve operations of fish & shrimp farmers, likely forcing them to #writeoff an unknown amt. Its e 2nd major recent writedown for #Temasek Holdings & #Softbank both also lost millions in 2022 failure of #FTX, the #bankrupt #cryptocurrency exchange.. eFishery inflated revenue by ~US$600m ie, >75% of 2024 figs were bogus" #duediligence
    asiasentinel.com/p/major-asian

  19. Don't miss our latest episode with Kristie Neo where she broke down the recent #efishery scandal and explained how investors in Southeast Asia need to beef up their due diligence to detect fraud: open.spotify.com/episode/6zyOu

  20. Don't miss our latest episode with Kristie Neo where she broke down the recent scandal and explained how investors in Southeast Asia need to beef up their due diligence to detect fraud: open.spotify.com/episode/6zyOu

  21. Don't miss our latest episode with Kristie Neo on the #eFishery scandal and the impact to the Southeast Asia tech ecosystem: open.spotify.com/episode/6zyOu #startupfraud

  22. Don't miss our latest episode with Kristie Neo on the scandal and the impact to the Southeast Asia tech ecosystem: open.spotify.com/episode/6zyOu

  23. eFishery, an aquaculture company, acquired AIoT startup DycodeX to launch eFishery.ai and plans to introduce up to ten new products in the next 2-3 years.
    #efishery #aquaculture #fish #indonesia #funding #investment #investor #tech #raised #startup #ai