Criminal Deception in Silicon Valley: The Façading Process
Research details entrepreneurial fraud in Silicon Valley, identifying 'façading' as a method where founders create illusory high-growth appearances.
- Immediate impact: Entrepreneurial fraud risks investors, employees, and market integrity in the tech sector.
- Affected systems: Startups and ventures in Silicon Valley (2000-2023) using deceptive practices.
- Remediation: Enhance regulatory oversight, investor due diligence, and entrepreneurship ethics education.