Tag: Manish Lachwani

The culture of embellishment that once permeated Silicon Valley has caught up with another tech entrepreneur. Manish Lachwani, the founder of the software startup HeadSpin, has been sentenced to 18 months in prison for fraudulently inflating his company’s financial health to secure investments. This case, detailed in a recent New York Times article, underscores a growing trend of legal accountability for deceptive practices in the startup sector.