Ironically, the social app IRL‘s users do not exist in real life. An internal investigation by IRL’s board of directors found that 95% of the app’s reported 20 million users were “automated or from ...
The IRL website, after the company shut down last year Authorities in the US have charged the founder of the former social media company, IRL, with a $170m (£133m) fraud. The Securities and Exchange ...
After raising $200 million to build the next Facebook, IRL’s ousted CEO reacts to the company shutting down and most of its users being fake, saying he “believed in our metrics.” After raising $200 ...
Last week, Fortune reported on the fall of IRL, a social app startup that, after topping $1 billion in valuation a few years ago, said it’s shutting down because 95% of its users were fake. This week, ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min "Fake it til you make it" is a ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In March 2022, as the sun set on a beachside stage in Maui, a rising star at SoftBank Vision Fund lavished ...
The founders of IRL, Abraham Shafi and Genrikh Khachatryan, are suing their investors, claiming that they intentionally sabotaged the company. At its peak, IRL was poised to become an event organizing ...
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