• wewbull@feddit.uk
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    2 hours ago

    It scored $450 million in venture funding — mostly from Microsoft and the Qatar Investment Fund.

    Anyway, Builder finally went broke yesterday, after years of interesting financial activities and a few minor accounting scandals, such as allegedly falsified sales figures and an auditor with conflicts of interest.

    Sounds like somebody got rich in a dodgy way. Nearly half a billion dollars gone… somewhere.