Business risk versus criminal conduct: Indonesia court case linked to failed start-up stirs debate
business
Indonesian courts have sentenced former executives of two government-backed investment firms to jail for their investment in Tanihub, a failed agritech startup. The convictions have sparked a broader debate: should investors face criminal liability for poor business decisions? According to Channel NewsAsia, industry experts worry this ruling will make Indonesian venture capitalists significantly more cautious, with potential ripple effects across the startup ecosystem.
Source: https://www.channelnewsasia.com/asia/indonesia-venture-ca...
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