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Horror Stories

scary hazards that haunt founders & entrepreneurs

We tell our children unsettling fairy tales to teach them valuable life lessons, but the following treacherous tales are for the education of the grown ups – and they are all true, experienced and suffered through by fellow founders and entrepreneurs.

Their stories demonstrate the dangers and challenges that can impact start-ups and SMEs, and what future entrepreneurs can learn from these all-too-real nightmares.

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WHEN CONSULTANTS PRETEND TO BE INVESTORS

Why is it reprehensible to use words such as "Ventures" or "Capital" when one is not an investor? Because the company/person implicitly promises something that they cannot guarantee. They are not a venture capitalist or an investor, and they won’t…
Red Flag Matters2

Investment scams: five red flags to look for

The digital age has made it much easier for cowboys to create convincing profiles online to extort young businesses... but with a good understanding of some common red flags, you can be confident that you are working only with legitimate…
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EU Trademark Swindle

This is a horror story with a happy ending. It’s a story about dubious marketing practices and fully fledged scams. Be prepared: in this article we will name names, in order to expose what we think is a quick cash-grabbing…
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The Abu Dhabi Investment Scam

It recently happened to one of our clients: their company is UK based, with no operations or interests in the UAE - they are fundraising and this investor contacted them out of the blue with a tempting message...

WARNING

These Horror Stories are recollections of real events and we’ll try to be as objective as possible in narrating them. At the same time, any judgment or opinion you will find in these articles, including the implications deriving from the use of words like scam, scheme, fraud and similar, represents our views on the topic and should be interpreted as such.

In other words, we want to help other founders and entrepreneurs avoid falling for these traps but, at the same time, we don’t want to be sued. So decide for yourself…

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